<p>Twin Disc Inc. 最近的財報電話會議描繪了一個總體積極的局面，公司展示了強勁的銷售增長和穩健的訂單積壓。儘管承認了一些挑戰，如關税影響和報告的淨虧損，但在國防部門和整體盈利能力方面觀察到了顯著改善。儘管面臨這些困難，電話會議的亮點顯著超過了低點，表明公司未來的樂觀情緒。</p>
<h2>2026 財年的強勁開局</h2>
<p>Twin Disc Inc. 的銷售同比增長 9.7%，達到 8000 萬美元，海洋和推進業務以及 Katsa 和 Kobelt 的整合貢獻顯著。公司還報告了毛利率增加 220 個基點，達到 28.7%，得益於運營改善和有利的產品組合。</p>
<h2>國防部門增長</h2>
<p>國防部門顯示出顯著增長，訂單環比增加 400 萬美元，同比增加 45%。該部門現在佔總訂單積壓的 15%，突顯了國防相關項目的強勁勢頭。</p>
<h2>EBITDA 和盈利能力改善</h2>
<p>Twin Disc Inc. 的 EBITDA 顯著增加，同比上升 172%，達到 470 萬美元。這一改善反映了更高的營業收入和減少的貨幣損失，促進了盈利能力的提升。</p>
<h2>創紀錄的訂單積壓</h2>
<p>公司報告了創紀錄的六個月訂單積壓，達到 1.633 億美元，同比增長 13%。這一強勁的訂單積壓表明各個終端市場的持續需求，為未來的增長提供了堅實基礎。</p>
<h2>海洋和推進業務的成功</h2>
<p>海洋和推進部門的銷售同比增長 14.6%，達到 4820 萬美元。這一增長得益於工作船活動的增加和政府項目，突顯了該部門的成功。</p>
<h2>關税增加影響成本</h2>
<p>預計關税將對第二季度的銷售成本產生 1% 到 3% 的影響，高於大約 1%。然而，這一增加預計是暫時的，預計在財年下半年的正常水平將恢復。</p>
<h2>報告淨虧損</h2>
<p>儘管報告了 518,000 美元或每股稀釋後 0.04 美元的淨虧損，但這比去年 280 萬美元的虧損有所改善，表明公司財務健康狀況的進展。</p>
<h2>石油和天然氣部門的挑戰</h2>
<p>石油和天然氣部門面臨挑戰，出貨量幾乎持平。中國的下降和謹慎的北美客户專注於重建和翻新導致了該部門的困難。</p>
<h2>前瞻性指導</h2>
<p>展望未來，Twin Disc Inc. 提供了關於其未來表現的詳細指導。公司旨在保持盈利能力和長期價值創造，戰略重點放在全球足跡優化和運營卓越上。雖然預計關税將暫時影響成本，但公司預計在財年下半段將恢復到正常水平。憑藉強勁的訂單積壓和國防部門的強勁增長，Twin Disc 為持續成功做好了充分準備。</p>
<p>總之，Twin Disc Inc. 的財報電話會議反映了積極的情緒，銷售增長顯著，訂單積壓強勁，盈利能力顯著改善。儘管面臨關税影響和報告的淨虧損等挑戰，但公司在關鍵部門的戰略重點和強勁表現表明未來前景樂觀。</p>

TWIN

<p>Twin Disc Inc. 最近的財報電話會議強調了強勁的銷售增長，同比增加了 9.7%，達到了 8000 萬美元，海洋和推進業務貢獻顯著。國防部門的訂單增長了 45%，EBITDA 增長了 172%，達到 470 萬美元。儘管淨虧損為 51.8 萬美元，但毛利率的改善和創紀錄的 163.3 百萬美元的訂單積壓顯示出積極的勢頭。雖然面臨關税和石油天然氣部門的挑戰，但公司對未來的增長和盈利能力仍持樂觀態度</p>

<p>The recent earnings call of Twin Disc Inc. painted a generally positive picture, with the company showcasing strong sales growth and a robust backlog. Notable improvements were observed in the defense segment and overall profitability, although some challenges, such as tariff impacts and a reported net loss, were acknowledged. Despite these hurdles, the highlights of the call significantly outweighed the lowlights, indicating an optimistic sentiment for the company’s future.</p>
<div class="lb-trans"><p>Twin Disc Inc. 最近的財報電話會議描繪了一個總體積極的局面，公司展示了強勁的銷售增長和穩健的訂單積壓。儘管承認了一些挑戰，如關税影響和報告的淨虧損，但在國防部門和整體盈利能力方面觀察到了顯著改善。儘管面臨這些困難，電話會議的亮點顯著超過了低點，表明公司未來的樂觀情緒。</p>
</div><h2>Strong Start to Fiscal 2026</h2>
<div class="lb-trans"><h2>2026 財年的強勁開局</h2>
</div><p>Sales for Twin Disc Inc. grew by 9.7% year-over-year, reaching $80 million, with significant contributions from the marine and propulsion business, as well as the integration of Katsa and Kobelt. The company also reported an increase in gross margins by 220 basis points to 28.7%, supported by operational improvements and a favorable product mix.</p>
<div class="lb-trans"><p>Twin Disc Inc. 的銷售同比增長 9.7%，達到 8000 萬美元，海洋和推進業務以及 Katsa 和 Kobelt 的整合貢獻顯著。公司還報告了毛利率增加 220 個基點，達到 28.7%，得益於運營改善和有利的產品組合。</p>
</div><h2>Defense Segment Growth</h2>
<div class="lb-trans"><h2>國防部門增長</h2>
</div><p>The defense segment showed remarkable growth, with orders increasing by $4 million sequentially and up 45% year-over-year. This segment now comprises 15% of the total backlog, highlighting strong momentum in defense-related projects.</p>
<div class="lb-trans"><p>國防部門顯示出顯著增長，訂單環比增加 400 萬美元，同比增加 45%。該部門現在佔總訂單積壓的 15%，突顯了國防相關項目的強勁勢頭。</p>
</div><h2>Improved EBITDA and Profitability</h2>
<div class="lb-trans"><h2>EBITDA 和盈利能力改善</h2>
</div><p>Twin Disc Inc. saw a significant increase in EBITDA, which rose by 172% to $4.7 million compared to the previous year. This improvement reflects higher operating income and reduced currency losses, contributing to enhanced profitability.</p>
<div class="lb-trans"><p>Twin Disc Inc. 的 EBITDA 顯著增加，同比上升 172%，達到 470 萬美元。這一改善反映了更高的營業收入和減少的貨幣損失，促進了盈利能力的提升。</p>
</div><h2>Record Backlog</h2>
<div class="lb-trans"><h2>創紀錄的訂單積壓</h2>
</div><p>The company reported a record six-month backlog of $163.3 million, up 13% year-over-year. This robust backlog indicates sustained demand across various end markets, providing a solid foundation for future growth.</p>
<div class="lb-trans"><p>公司報告了創紀錄的六個月訂單積壓，達到 1.633 億美元，同比增長 13%。這一強勁的訂單積壓表明各個終端市場的持續需求，為未來的增長提供了堅實基礎。</p>
</div><h2>Marine and Propulsion Success</h2>
<div class="lb-trans"><h2>海洋和推進業務的成功</h2>
</div><p>Sales in the marine and propulsion segment increased by 14.6% year-over-year, reaching $48.2 million. This growth was driven by increased work boat activity and government programs, underscoring the segment’s success.</p>
<div class="lb-trans"><p>海洋和推進部門的銷售同比增長 14.6%，達到 4820 萬美元。這一增長得益於工作船活動的增加和政府項目，突顯了該部門的成功。</p>
</div><h2>Tariff Increases Impact Costs</h2>
<div class="lb-trans"><h2>關税增加影響成本</h2>
</div><p>Tariffs are expected to impact the second quarter cost of sales by 1% to 3%, up from roughly 1%. However, this increase is anticipated to be temporary, with expectations of a return to normal levels in the second half of the fiscal year.</p>
<div class="lb-trans"><p>預計關税將對第二季度的銷售成本產生 1% 到 3% 的影響，高於大約 1%。然而，這一增加預計是暫時的，預計在財年下半年的正常水平將恢復。</p>
</div><h2>Net Loss Reported</h2>
<div class="lb-trans"><h2>報告淨虧損</h2>
</div><p>Despite reporting a net loss of $518,000 or $0.04 per diluted share, this was an improvement from the prior year’s loss of $2.8 million, indicating progress in the company’s financial health.</p>
<div class="lb-trans"><p>儘管報告了 518,000 美元或每股稀釋後 0.04 美元的淨虧損，但這比去年 280 萬美元的虧損有所改善，表明公司財務健康狀況的進展。</p>
</div><h2>Challenges in Oil and Gas Segment</h2>
<div class="lb-trans"><h2>石油和天然氣部門的挑戰</h2>
</div><p>The oil and gas segment faced challenges, with shipments remaining nearly flat. Declines in China and cautious North American customers focusing on rebuilds and refurbishments contributed to the segment’s struggles.</p>
<div class="lb-trans"><p>石油和天然氣部門面臨挑戰，出貨量幾乎持平。中國的下降和謹慎的北美客户專注於重建和翻新導致了該部門的困難。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指導</h2>
</div><p>Looking ahead, Twin Disc Inc. provided detailed guidance on its future performance. The company aims to sustain profitability and long-term value creation with a strategic focus on global footprint optimization and operational excellence. While tariffs are expected to temporarily impact costs, the company anticipates a return to normal levels in the latter half of the fiscal year. With a robust backlog and strong defense sector growth, Twin Disc is well-positioned for continued success.</p>
<div class="lb-trans"><p>展望未來，Twin Disc Inc. 提供了關於其未來表現的詳細指導。公司旨在保持盈利能力和長期價值創造，戰略重點放在全球足跡優化和運營卓越上。雖然預計關税將暫時影響成本，但公司預計在財年下半段將恢復到正常水平。憑藉強勁的訂單積壓和國防部門的強勁增長，Twin Disc 為持續成功做好了充分準備。</p>
</div><p>In summary, Twin Disc Inc.’s earnings call reflected a positive sentiment, with significant sales growth, a strong backlog, and notable improvements in profitability. Despite challenges such as tariff impacts and a reported net loss, the company’s strategic focus and robust performance in key segments suggest a promising outlook for the future.</p>
<div class="lb-trans"><p>總之，Twin Disc Inc. 的財報電話會議反映了積極的情緒，銷售增長顯著，訂單積壓強勁，盈利能力顯著改善。儘管面臨關税影響和報告的淨虧損等挑戰，但公司在關鍵部門的戰略重點和強勁表現表明未來前景樂觀。</p>
</div>

Twin Disc Inc. 的財報電話會議突顯出強勁的增長