Franco-Nevada Corporation (FNV) Q2 2024 Earnings Call Transcript Summary
Franco-Nevada Corporation (FNV) Q2 2024 Earnings Call Transcript Summary
The following is a summary of the Franco-Nevada Corporation (FNV) Q2 2024 Earnings Call Transcript:
以下是Franco-Nevada公司(FNV)2024财年第二季度业绩会的摘要:
Financial Performance:
金融业绩:
Q2 revenue was reported at $260.1 million compared to $329.9 million a year ago.
GEOs sold in Q2 2024 were 110,264 compared to 168,515 in the prior year's quarter.
Adjusted EBITDA for the quarter was at $221.9 million, and adjusted net income was $144.9 million, or $0.75 per share.
Cost of sales decreased year-over-year, primarily due to lower GEOs delivered from Antapaccay and Candelaria and no ongoing fixed costs from Cobre Panama.
2024财年第二季度营业收入为2.601亿元,相比去年同期的3.299亿元有所下降。
2024财年第二季度卖出的GEOs为110,264,相比上一年度同期的168,515有所下降。
本季度调整后的EBITDA为2.219亿元,调整后的净利润为1.449亿元,每股收益为0.75美元。
由于来自Antapaccay和Candelaria的GEOs交付减少以及来自Cobre Panama的没有持续固定成本,成本销售同比下降。
Business Progress:
业务进展:
Recently added two significant assets to their portfolio: a gold stream on SolGold's Cascabel project in Ecuador and a royalty on Newmont's Yanacocha operations in Peru.
Enhancements in Candelaria and Antapaccay expected to improve production in the latter half of the year.
Expectations of increased revenue due to newly started productions at Salares Norte, Greenstone, and Tocantinzinho gold mines.
最近向其投资组合中添加了两个重要资产:厄瓜多尔SolGold的Cascabel项目的黄金流和Newmont的秘鲁Yanacocha操作的专利权。
预计Candelaria和Antapaccay的改进将有助于下半年的产量提高。
预计由于Salares Norte、Greenstone和Tocantinzinho金矿的新开采,营业收入有望增加。
Opportunities:
机会:
Potential underground expansion at Candelaria and future development of the Coroccohuayco at Antapaccay are expected to enhance long-term asset performance.
Significant contributions anticipated from new acquisitions: Cascabel project in Ecuador and Yanacocha operations in Peru, hinting at an expanded geographical and operational footprint.
预计Candelaria的潜在地下开采扩展和Antapaccay Coroccohuayco的未来开发将有助于长期资产业绩的提高。
新收购的Cascabel项目和秘鲁的Yanacocha操作将产生重要贡献,提示扩大地理和运营范围。
Risks:
风险:
The performance risks tied to the lower production in Candelaria and Antapaccay due to operational challenges like geotechnical events and mining interface issues.
Geopolitical and operational risks associated with the new investments in regions like Ecuador, highlighted by the structured deal terms to mitigate these risks.
由于地质事件和采矿界面问题等操作挑战,Candelaria和Antapaccay较低的产量会带来业绩风险。
针对于像厄瓜多尔这样的地区新投资所带来的地缘政治和运营风险,强调采取的结构化交易条款以具体应对这些风险。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。