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調査速報:WSO:第1四半期決算は予想を上回り好調

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-- 独立系調査会社CFRAは、に対し、以下の調査レポートを提供しました。CFRAのアナリストは、以下のように見解をまとめています。WSOは第1四半期の1株当たり利益(EPS)が1.87ドルとなり、市場予想を0.19ドル上回りました。売上高は15億3000万ドルで横ばい、粗利益率は20ベーシスポイント低下して27.9%となりました。この好業績は、厳しい状況下における予想を上回る結果を反映したもので、米国売上高は2%増加したものの、海外売上高は11%減少しました。製品別の業績はまちまちで、HVAC機器は1%減、その他のHVAC製品は4%増、業務用冷凍機器は11%増となりましたが、業務用冷凍機器は売上高全体のわずか5%を占めるに過ぎません。第1四半期製品の55%に影響を与えるA2L冷媒への移行が進行中であるため、平均販売価格は9%上昇しましたが、販売台数の減少によって相殺されました。 WSOは、第2四半期に完了予定のJackson Supply Company(年間売上高2億3000万ドル)の買収を発表し、1989年以来70社以上のHVAC販売代理店を買収してきた買収戦略を継続している。2025年のA2L関連の大規模投資後の運転資本管理の改善と在庫最適化により、営業キャッシュフローの赤字は2025年第1四半期の1億7800万ドルから1900万ドルへと大幅に改善した。

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