share_log

Earnings Call Summary | Dole Plc(DOLE.US) Q4 2023 Earnings Conference

Earnings Call Summary | Dole Plc(DOLE.US) Q4 2023 Earnings Conference

業績電話會議摘要 | 都樂集團(DOLE.US)2023年第四季度業績會議
moomoo AI ·  02/29 15:54  · 電話會議

The following is a summary of the Dole Plc. (DOLE) Q4 2023 Earnings Call Transcript:

以下是都樂集團的摘要。(DOLE) 2023 年第四季度業績電話會議記錄:

Financial Performance:

財務業績:

  • Dole Plc reported a full-year group revenue growth of 2.8%, primarily driven by higher pricing.

  • The company achieved an adjusted EBITDA of $385 million, exceeding its initial guidance by 10%.

  • Their net debt reduced by over $200 million and they sold their 65% interest in Progressive Produce for just under $120 million, helping to drop net leverage from 2.8x to 2.1x.

  • Q4 revenue was $2.1 billion, which was a $30 million or 1.5% increase mainly due to positive foreign currency translation.

  • Their Q4 net income rose from $13.4 million in Q4 2022 to $28.9 million due to higher adjusted EBITDA and asset sales of $10.7 million.

  • However, the fourth quarter adjusted net income saw a decrease by 14% to $14.8 million, primarily due to the slight decrease in adjusted EBITDA and increased interest expenses.

  • 都樂集團報告稱,全年集團收入增長2.8%,這主要是受價格上漲的推動。

  • 該公司調整後的息稅折舊攤銷前利潤爲3.85億美元,比最初的預期高出10%。

  • 他們的淨負債減少了超過2億美元,他們以略低於1.2億美元的價格出售了Progressive Produce的65%權益,這使淨槓桿率從2.8倍降至2.1倍。

  • 第四季度收入爲21億美元,增長了3000萬美元,增長了1.5%,這主要是由於外幣折算正值。

  • 由於調整後的息稅折舊攤銷前利潤增加和1,070萬美元的資產銷售,他們第四季度的淨收入從2022年第四季度的1,340萬美元增至2,890萬美元。

  • 但是,第四季度調整後的淨收入下降了14%,至1480萬美元,這主要是由於調整後的息稅折舊攤銷前利潤略有下降和利息支出增加。

Business Progress:

業務進展:

  • In 2023, Dole Plc launched Dole Organics and the Golden Selection Pineapple to market acceptance, and made significant improvements in managing third-party shipping volumes.

  • They anticipate strong performance in 2024 backed by their market positions, integration, and investment opportunities.

  • Their strategic priorities for 2024 include accelerating growth in core areas, maintaining disciplined capital investment, exiting the fresh vegetable business, focusing on cost control and operating efficiencies, and advancing their sustainability goals.

  • They plan to increase their capital expenditure in 2024 for various projects and have declared a Q4 2023 dividend of $0.08.

  • 2023年,都樂集團推出了Dole Organics和Golden Selection Pineapple,以獲得市場認可,並在管理第三方出貨量方面做出了重大改進。

  • 他們預計,在市場地位、整合和投資機會的支持下,2024年的強勁表現。

  • 他們2024年的戰略優先事項包括加快核心領域的增長、保持嚴格的資本投資、退出新鮮蔬菜業務、專注於成本控制和運營效率以及推進其可持續發展目標。

  • 他們計劃在2024年增加各種項目的資本支出,並宣佈2023年第四季度股息爲0.08美元。

More details: Dole plc IR

更多詳情: Dole plc 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。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論