Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript Summary
Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript Summary
The company achieved a highlighted decremental margin of less than 6% in a softer sales environment.The following is a summary of the Garrett Motion Inc. (GTX) Q3 2024 Earnings Call Transcript:
以下是garrett motion公司（GTX）2024年第三季度業績會交流摘要：
Financial Performance:
金融業績：
In Q3 2024, Garrett Motion reported an adjusted EBITDA margin of 17.4%, up 160 basis points year-over-year.
Garrett generated $71 million of adjusted free cash flow and repurchased $52 million of common stock.
The company achieved a highlighted decremental margin of less than 6% in a softer sales environment.
They reported a net income of $248 million with consistent operational execution.
2024年第三季度，Garrett Motion報告調整後的EBITDA利潤率爲17.4%，同比增長160個點子。
Garrett創造了7100萬美元的調整自由現金流，並回購了5200萬美元的普通股。
公司在較爲疲軟的銷售環境中實現了低於6%的突出邊際降幅。
他們報告淨利潤爲24800萬美元，操作執行一致。
Business Progress:
業務進展：
Garrett continues to expand in turbo and zero-emission vehicle technologies.
They are experiencing strong commercial wins across all turbo verticals, evidenced by significant new contracts, notably a joint development for next-gen electric powertrain with SinoTruk.
Garrett繼續在渦輪和零排放交通工具技術領域擴張。
他們在所有渦輪垂直領域取得了強勁的商業勝利，這主要表現在重要的新合同上，尤其是與中國重汽合作開發下一代電動動力總成。
Opportunities:
機會：
Growth in large turbos driven by increased demand in data centers.
Accelerated development activities with customers for plug-in hybrid powertrains, particularly in North America.
Strategic focus on differentiated technologies for electrification, aided by received awards like the 2024 Stellantis Innovation Award.
大型渦輪增長受數據中心需求增加驅動。
加快與客戶的插電式混合動力總成開發活動，尤其是在北美地區。
專注於差異化技術，用於電氣化，獲得獎項，比如2024年Stellantis創新獎。
Risks:
風險：
Continued softness in the light vehicle industry, particularly in Europe and China, affecting Garrett's performance.
輕型車輛行業持續疲軟，尤其是在歐洲和中國，影響garrett motion的業績。
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。文章內容的準確性無法完全保證。有關更全面的詳細信息，請參閱IR網站。本文只是爲投資者提供參考，沒有任何指導或推薦建議。
