Earnings Call Summary | SPX Technologies(SPXC.US) Q4 2023 Earnings Conference
Earnings Call Summary | SPX Technologies(SPXC.US) Q4 2023 Earnings Conference
The following is a summary of the SPX Technologies, Inc. (SPXC) Q4 2023 Earnings Call Transcript:
以下是SPX科技公司（SPXC）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
SPX Technologies reported Q4 revenue growth of 9.3% and an adjusted operating income growth of 18.7%, along with margin expansion of 150 basis points year-on-year.
Adjusted EBITDA grew by 50% with adjusted EPS near the upper end of the guidance range.
The full year adjusted EPS grew 39% to $4.31 and total Company revenues increased 9.3% year-on-year.
The company ended Q4 with a cash count of $105 million and a total debt of $558 million, reducing the leverage ratio from 1.7 times in Q3 to 1.3 times in Q4.
The full year adjusted free cash flow stood at $231 million, approximately 115% of adjusted net income.
For the full year 2024, SPX provided guidance for adjusted EBITDA growth of 25%, adjusted EPS growth of 16% and anticipated its leverage ratio to be at the lower end of the targeted range of 1.5 to 2.5 times by year-end.
SPX Technologies報告稱，第四季度收入增長9.3％，調整後的營業收入增長18.7％，利潤率同比增長150個點子。
調整後的息稅折舊攤銷前利潤增長了50％，調整後的每股收益接近指導區間的上限。
調整後的全年每股收益增長39％，至4.31美元，公司總收入同比增長9.3％。
該公司在第四季度末的現金數量爲1.05億美元，總負債爲5.58億美元，槓桿率從第三季度的1.7倍降至第四季度的1.3倍。
全年調整後的自由現金流爲2.31億美元，約佔調整後淨收入的115％。
對於2024年全年，SPX爲調整後的息稅折舊攤銷前利潤增長25％，調整後的每股收益增長16％提供了指導，並預計到年底其槓桿率將處於1.5至2.5倍的目標區間的較低水平。
Business Progress:
業務進展：
SPX made operational improvements and expanded its growth potential and geographic reach with the strategic acquisition of Ingénia, a company that designs and manufactures high-quality air handling units.
It introduced innovative products like the Adriatic cooling solution and a system for precision location and mapping of underground utilities.
Through its continuous improvement initiatives, SPX's HVAC segment served high levels of customer demand and achieved record segment margins.
Despite experiencing uneven global demand in short-cycle businesses, the company leverages strong demand for its cooling and heating products in various markets to propel its growth.
SPX anticipates a consistent game performance in 2024, with 46% of adjusted EPS being delivered in the first half, and 54% in the second half.
The company is set for hosting an Investor Day on March 26th aiming to discuss future growth initiatives and plans, as per their 2024 guidance.
通過戰略收購設計和製造高質量空氣處理機組的公司Ingeínia，SPX改善了運營並擴大了其增長潛力和地域覆蓋範圍。
它推出了創新產品，例如亞得里亞海冷卻解決方案和地下公用事業精確定位和測繪系統。
通過其持續改進計劃，SPX的HVAC板塊滿足了高水平的客戶需求，並實現了創紀錄的細分市場利潤率。
儘管短週期業務的全球需求不均衡，但該公司利用各個市場對其製冷和供暖產品的強勁需求來推動其增長。
SPX預計，2024年的遊戲表現將保持穩定，調整後的每股收益的46％將在上半年交付，54％將在下半年交付。
該公司定於3月26日舉辦投資者日，旨在根據其2024年的指導方針討論未來的增長舉措和計劃。
More details: SPX Technologies IR
更多詳情： SPX 科技 IR
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。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。