Israel-Based Cargo Shipping Company ZIM Integrated Smashes Estimates With 626% EBITDA Growth, Upgrades 2024 Outlook
Israel-Based Cargo Shipping Company ZIM Integrated Smashes Estimates With 626% EBITDA Growth, Upgrades 2024 Outlook
The Haifa, Israel-based company generated an EPS of $9.34, vs a loss of $18.90 last year, beating the consensus of $7.20.ZIM Integrated Shipping Services Ltd (NYSE:ZIM) shares are trading higher after it reported a third-quarter sales increase of 117% year over year to $2.77 billion, beating the consensus of $2.43 billion.
ZIm综合航运服务有限公司（纽交所：ZIM）股票交易上涨，因为其报告的第三季度销售额同比增长117%，达到27.7亿，超出市场共识的24.3亿。
Revenue was driven by the increase in freight rates as well as carried volume. The cargo shipping company's carried volume in the quarter was 970 thousand TEUs, up 12% Y/Y. The average freight rate per TEU was $2,480 (+118% Y/Y).
营业收入增长是由于运费上涨以及运输量的增加。该货运公司的运输量在本季度为97万TEU，同比增长12%。每TEU的平均运费为2480美元（+118%同比）。
Adjusted EBITDA escalated 626% Y/Y to $1.53 billion, with margins of 55% vs. 17% in the prior year quarter.
调整后的EBITDA同比增长626%，达到15.3亿，利润率为55%，而去年同期为17%。
The Haifa, Israel-based company generated an EPS of $9.34, vs a loss of $18.90 last year, beating the consensus of $7.20.
该总部位于以色列海法的公司每股收益为9.34美元，而去年的每股收益为-18.90美元，超过市场共识的7.20美元。
Operating cash flow for the nine months was $2.60 billion, compared to $858 million a year ago. Capital expenditures were $50 million during the quarter versus $14 million a year ago.
九个月的运营现金流为26亿，而去年为85800万。资本支出在本季度为5000万，而去年为1400万。
ZIM's total cash position increased by $441 million from $2.69 billion as of December 31, 2023, to $3.13 billion as of September 30, 2024.
截至2023年12月31日，ZIM的总现金持有量从26.9亿增加到2024年9月30日的31.3亿，增加了44100万。
ZIM's net leverage ratio was 0.9x as of September-end, compared to 2.2x as of December 31, 2023.
截至9月底，ZIM的净杠杆比率为0.9倍，而截至2023年12月31日为2.2倍。
Dividend: The Board of Directors declared a regular cash dividend of $340 million ($2.81 per share), representing 30% of third-quarter 2024 net income, and a special dividend of $100 million ($0.84 per share).
股息：董事会宣布了常规现金股息为34000万（每股2.81美元），占2024年第三季度净利润的30%，以及特别股息为10000万（每股0.84美元）。
The total dividend of $440 million ($3.65 per share) will be payable on December 9, 2024, to shareholders of record as of December 2, 2024.
总分红为44000万（每股3.65美元），将在2024年12月9日支付给截至2024年12月2日的股东。
2024 Outlook: ZIM raised the adjusted EBITDA outlook to $3.3 billion – $3.6 billion (from $2.6 billion – $3 billion) and adjusted EBIT to $2.15 billion – $2.45 billion (from $1.45 billion – $1.85 billion prior).
2024年展望：ZIm将调整后的EBITDA展望上调至33亿 – 36亿（之前为26亿 – 30亿），调整后的EBIT上调至21.5亿 – 24.5亿（之前为14.5亿 – 18.5亿）。
Eli Glickman, ZIM President & CEO, said, "We will close out the year with the final delivery of the remaining four out of 46 newbuild containerships that we secured, which include 28 LNG-powered vessels. Entering 2025, we will be operating a fleet that is both well-equipped to meet emissions reduction targets and well suited to the trades in which we operate."
ZIm总裁兼首席执行官Eli Glickman表示：“我们将以交付我们保证的46艘新造集装箱船中的最后四艘结束这一年，其中包括28艘液化天然气动力船。进入2025年，我们将运营一支既能满足减排目标又适合我们所运营的贸易的船队。”
Investors can gain exposure to the stock via Tidal Trust II YieldMax Ultra Option Income Strategy ETF (NYSE:ULTY) and SonicShares Global Shipping ETF (NYSE:BOAT).
投资者可以通过Tidal Trust II YieldMax Ultra Option Income Strategy etf（纽交所：ULTY）和SonicShares 全球航运 etf（纽交所：BOAT）获得该股票的投资机会。
Price Action: ZIM shares are up 8.10% at $28.95 premarket at the last check Wednesday.
价格走势：截至周三最后检查，ZIm股票在盘前交易中上涨8.10%，价格为28.95美元。
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