Xylem's Water Wisdom Pays Off: Q2 Beats Estimates, Outlook Upgraded
Xylem's Water Wisdom Pays Off: Q2 Beats Estimates, Outlook Upgraded
Orders were up 12% Y/Y on a reported basis and declined 1% Y/Y organically to $2.09 billion.Xylem Inc. (NYSE:XYL) shares are trading lower after it reported second-quarter FY24 results.
賽萊默公司（NYSE：XYL）報告了第二季度FY24業績，股價下跌。
Revenue grew 26% Y/Y to $2.17 billion (+9% organically), beating the consensus of $2.145 billion on strong execution and demand.
營業收入同比增長26％，達到21.7億美元（有機增長9％），超過了21.45億美元的共識，這歸功於強勁的執行力和需求。
By segment, Measurement & Control Solutions revenue was $482 million (+26% Y/Y), Water Infrastructure revenue was $631 million (+22% Y/Y), Applied Water revenue was $456 million (-5% Y/Y) and Water Solutions and Services was $600 million (+76% Y/Y).
按部門劃分，測量與控制解決方案的營業收入爲48200萬美元（同比增長26%），水製造行業的營業收入爲63100萬美元（同比增長22%），應用水營業收入爲45600萬美元（同比下降5%），水解決方案和服務的營業收入爲60000萬美元（同比增長76%）。
Orders were up 12% Y/Y on a reported basis and declined 1% Y/Y organically to $2.09 billion.
訂單同比增長12％，達到20.9億美元，有機下降1％。
The adjusted EBITDA margin reached 20.8%, up 170 basis points Y/Y, driven by productivity savings, higher volume, and price increases, which outweighed the effects of inflation, strategic investments, and mix changes.
經調整的EBITDA利潤率達到20.8％，較去年同期上升了170個點子，這是由於生產率節約，成交量增加和價格上漲導致了相對於通貨膨脹，戰略投資和混合變化的影響的抵消。
Adjusted EPS was $1.09 (+14% Y/Y), beating the consensus of $1.05.
調整後的EPS爲1.09美元（+14％ YoY），超過了1.05美元的共識。
Operating cash flow for six months ended June 30 stood at $377 million, compared to $9 million a year ago.
截至6月30日的六個月的經營性現金流爲3.77億美元，而去年同期爲900萬美元。
The company exited the year with cash and cash equivalents worth $815 million.
該公司現金及現金等價物價值爲8150萬美元。
Outlook: For FY24, Xylem raised the adjusted EPS outlook from $4.10-$4.25 to $4.18-$4.28 (versus the consensus of $4.21).
展望：對於FY24，賽萊默將調高調整後EPS的預期範圍，從4.10-4.25美元上調至4.18-4.28美元（市場共識爲4.21美元）。
Also, the company revised its FY24 revenue outlook to $8.55 billion (consensus $8.56 billion), marking an increase of 16% Y/Y, with organic revenue growth expected to be 5%–6%, up from the previous range of 4%–6%.
此外，該公司將FY24營收預期修訂爲85.5億美元（共識爲85.6億美元），同比增長16％，有機營收增長預計爲5％-6％，高於先前範圍的4％-6％。
Xylem's President and CEO, Matthew Pine, said, "Healthy demand, combined with the team's disciplined operational execution, delivered significant margin expansion in the quarter. Evoqua integration and synergies are also well on track."
賽萊默的總裁兼首席執行官Matthew Pine說：“健康的需求加上團隊的有紀律的操作執行，實現了季度重要的利潤率擴張。Evoqua的整合和協同效應也進展順利。”
"We are confident in the team's commitment to realizing our operational potential, and underlying demand in our largest markets remains resilient despite likely macro variability in the second half. Our diversified portfolio of mission-critical solutions is ideally positioned to meet global demand from intensifying water challenges."
“我們相信團隊致力於實現我們的運營潛力，儘管第二半年可能存在宏觀變化，我們最大市場的潛在需求仍然持續不斷。我們的多元化關鍵任務解決方案組合理想地定位於適應全球加劇的水需求。”
Investors can gain exposure to the stock via Global X Clean Water ETF (NASDAQ:AQWA) and Invesco S&P Global Water Index ETF (NYSE:CGW).
投資者可以通過全球清潔水etf（NASDAQ: AQWA）和景順標普全球水指數etf（NYSE: CGW）來獲得該股的收益。
Price Action: XYL shares are down 3% to $137.29 at the last check Tuesday.
截至週二，XYL股價下跌了3％，至137.29美元。
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