BRP Inc. (DOOO) Q3 2024 Earnings Call Transcript Summary
BRP Inc. (DOOO) Q3 2024 Earnings Call Transcript Summary
Normalized The following is a summary of the BRP Inc. (DOOO) Q3 2024 Earnings Call Transcript:
以下是BRP Inc.（DOOO）2024年Q3業績會交流摘要：
Financial
金融
Q3 revenue of $2.5 billion, decreased due to delivery issues and soft demand.
Normalized EBITDA stands at $445 million, diluted EPS of $3.06.
Year-round product revenue decreased by 8%, Marine revenue down 6%.
Gross profit was $627 million, margin 25.4% due to positive pricing and product mix.
Free cash flow of $695 million, returned $409 million to shareholders.
Q3營業收入爲25億美元，由於交付問題和需求疲軟而下降。
歸一化EBITDA爲44500萬美元，攤薄後每股收益爲3.06美元。
全年產品銷售收入下降了8%，海洋業務下降了6%。
毛利潤爲62700萬美元，利潤率爲25.4%，由於價格上漲和產品組合積極性。
自由現金流爲69500萬美元，向股東返還了40900萬美元的股息和股票回購。
Business
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Adjusting to macroeconomic changes, revising future shipment plans.
Retail sales growth in North America, 30% growth in Latin America.
Aims to continue gaining market share despite potential downturn.
Operational adjustments made to align production with market conditions.
Plans to outperform in Q4 with new product shipments.
Investing in growth projects, expects stronger marine business, continued CapEx investments.
調整宏觀經濟變化，修訂未來的發貨計劃。
北美零售銷售增長，拉丁美洲增長30%。
目標在於不斷提高市場份額，儘管可能面臨經濟下行風險。
進行業務調整，以使生產與市場狀況保持一致。
計劃通過新產品發貨在Q4中取得表現超越。
投資於成長項目，預計海洋業務更強勁，不斷進行資本開支投資。
Financial Performance:
金融業績：
BRP reported Q3 revenue of $2.5 billion, decreased due to softening demand in international markets and issues at the Texas-Mexico border, impacting deliveries.
Normalized EBITDA stands at $445 million with a normalized diluted EPS of $3.06, despite operational challenges.
Year round product revenue decreased by 8% to $1.2 billion, largely due to shipment delays, and Marine revenue was down by 6% to $104 million.
Gross profit reported was $627 million, representing a margin of 25.4%, driven by positive pricing and favourable product mix.
The company reported a free cash flow of $695 million, with returns of $409 million to shareholders through dividends and share buybacks.
BRP報告了Q3營收爲25億美元，由於國際市場需求疲軟和德克薩斯州和墨西哥邊境的問題影響交貨而下降。
歸一化EBITDA爲44500萬美元，儘管面臨運營挑戰，歸一化攤薄後每股收益爲3.06美元。
全年產品收入由於運輸延誤下降了8%至12億美元，海洋業務下降了6%至10400萬美元。
報告的毛利潤爲62700萬美元，利潤率爲25.4%，受到價格上漲和有利的產品組合的推動。
公司自由現金流爲69500萬美元，通過股息和股票回購向股東返還了40900萬美元。
Business Progress:
業務進展：
The company is routinely adjusting to macroeconomic changes and revising shipment plans for future quarters.
Retail sales growth in off-road vehicles and snowmobiles in North America offsetting other market declines. Remarkable growth of 30% reported in Latin America.
Despite predictions of a possible downturn, BRP aims to continue gaining market share, spotting positive trends in premium vehicle demand.
Operational adjustments have been made to align production schedules with changes in market conditions whilst managing expenses for long term sustainability.
The company plans to outperform the industry in Q4 with increased shipments of the new Maverick R sport side-by-side and ATV Outlander platform.
The company continues to invest in growth projects, expecting a stronger marine business in the coming year, and is planning continued CapEx investments.
公司經常調整宏觀經濟變化，並修訂未來季度的發貨計劃。
北美越野車和雪地摩托車的零售銷售額抵消其他市場下降。拉丁美洲增長驚人，爲30%。
儘管可能面臨經濟下行風險，BRP的目標在於繼續提高市場份額，發現高端車輛需求的積極趨勢。
爲了長期可持續性管理費用，已經做出運營調整，以使生產計劃與市場條件的變化相一致。
公司計劃在第四季度通過增加新的Maverick R運動旁邊車和ATV Outlander平台的出貨量來超越行業水平。
公司繼續投資於增長項目，預計未來一年海洋業務將更強勁，並計劃繼續進行資本支出投資。
More detailed: BRP IR
更詳細：BRP投資人關係
Tips: This article is generated by AI and the accuracy of the content can not be fully guaranteed. For more and comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文是由人工智能生成的，內容的準確性不能得到充分保證。有關更多和全面的詳細信息，請參閱IR網站。該文章僅供投資者參考，沒有任何指導或建議建議。