CAE Inc. (CAE) Q2 2025 Earnings Call Transcript Summary
CAE Inc. (CAE) Q2 2025 Earnings Call Transcript Summary
Capital expenditures totaled $57.0 million, focused on growth and expanding global training network capabilities.The following is a summary of the CAE Inc. (CAE) Q2 2025 Earnings Call Transcript:
以下是 cae inc.（CAE）2025年第二季度业绩会的总结：
Financial Performance:
财务表现：
CAE reported a revenue of $1.14 billion, up 8% compared to the same quarter last year with an adjusted segment operating income of $149.0 million, up from $135.6 million.
Net finance expenses increased to $52.9 million due to higher expenses on lease liabilities and lower long-term debt.
Capital expenditures totaled $57.0 million, focused on growth and expanding global training network capabilities.
Free cash flow of $140 million this quarter, slightly down from $147.4 million due to lower non-cash working capital contributions.
Net debt to adjusted EBITDA ratio was 3.25 times, slightly increased due to legacy contract impacts.
CAE报告的营业收入为11.4亿，较去年同期增长8%，调整后的板块运营收入为14900万，较13560万有所上升。
净财务费用因租赁负债成本上升和长期债务下降增加至5290万。
资本支出总计5700万，重点用于增长和扩展全球培训网络能力。
本季度自由现金流为14000万，较14740万略有下降，原因是非现金营运资本贡献减少。
净债务与调整后的EBITDA比例为3.25倍，因遗留合同影响稍有增加。
Business Progress:
业务进展：
Extended leadership in civil and defense markets, securing nearly $3 billion in orders, bringing the backlog to a record $18 billion.
Delivered 18 full flight simulators, with training center utilization at 70%.
Recorded strong order flow in civil market with a 1.08 book-to-sales ratio on 12% higher revenue than last year.
In defense, CAE secured a transformative $1.7 billion award under Canada's Future Aircrew Training program, with a defense backlog up 94% year-over-year.
在民用和军工市场中扩大领导地位，确保近30亿的订单，使积压订单达到创纪录的180亿。
交付了18套全飞行模拟器，培训中心的利用率达到70%。
记录了民用市场强劲的订单流，书籍与销售比率为1.08，比去年营业收入增长12%。
在军工方面，cae inc获得了加拿大未来机组人员训练计划的一个变革性17亿奖项，军工积压同比增长94%。
Opportunities:
机会：
The civil sector driven by high demand for pilots and pilot training amidst global fleet expansion.
Defense sector benefits from increased budgets and heightened focus on modernization and readiness, emphasizing CAE's role in training and simulation solutions.
民用板块受到全球机队扩张中对飞行员和飞行员培训的高需求驱动。
军工股受益于预算增加以及对现代化和战备的高度重视，强调了CAE在培训和模拟解决方案中的作用。
Risks:
风险：
OEM aircraft supply disruptions impacting commercial aviation training utilization.
Uncertain global economic and geopolitical environments might affect market conditions and customer decisions, evidenced by temporary pressures on initial training and pilot churn in the Americas.
OEM飞机供应中断影响商业航空培训利用率。
不确定的全球经济和地缘政治环境可能影响市场条件和客户决策，体现在美洲初始培训和飞行员流动率的临时压力上。
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提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
