COSTA MESA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2024 second quarter financial results on August 8, 2024, prior to the stock market opening. Stephen G. Oswald, the Company's chairman, president and chief executive officer, and Suman Mookerji, the Company's senior vice president and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results ...

文章核心观点 - 公司收到私募投资公司Albion River LLC的非约束性收购意向,拟以每股65美元现金收购公司全部股份 [1][2] - 公司董事会将审慎评估该收购提议是否符合公司及股东最佳利益 [2] - 公司2023年营收创新高,达7.57亿美元,市值也从2022年的6.05亿美元增至7.6亿美元 [3] 公司概况 - 公司成立于1849年,是加州历史最悠久的持续运营公司之一 [3] - 公司主营电子系统和结构系统两大业务,为航空航天、国防和工业领域客户提供创新制造解决方案 [4]

文章核心观点 - 公司收到私募投资公司Albion River LLC的非约束性收购意向,拟以每股65美元现金收购公司全部股份 [1][2] - 公司董事会将审慎评估该收购提议是否符合公司及股东最佳利益 [2] - 公司2023年营收创新高,达7.57亿美元,市值也从2022年的6.05亿美元增至7.6亿美元 [3] 公司概况 - 公司成立于1849年,是加州历史最悠久的持续运营公司之一 [3] - 公司主营电子系统和结构系统两大业务,为航空航天、国防和工业领域客户提供创新制造解决方案 [4]

Ilija Erceg Synopsis Ducommun (NYSE:DCO) specialises in providing engineering and manufacturing services for high-performance products and high-failure-cost applications, mostly used in the industrial, medical, and aerospace and defence industries. DCO’s historical financial results have shown consistent top-line growth. However, its margins were contracting slightly due to the acquisition of BLR and its restructuring plans. For 1Q24, its net revenue continued to grow. On a positive note, its margins sta ...

SANTA ANA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce the receipt of a major award totaling over $12M in revenue for Raytheon’s TOW missile system. This award represents the first order for this legacy program that will now be produced at the Company’s world-class engineering and manufacturing performance center in Guay ...

SANTA ANA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce the receipt of a major award totaling over $12M in revenue for Raytheon's TOW missile system. This award represents the first order for this legacy program that will now be produced at the Company's world-class engineering and manufacturing performance center in Guaym ...

SANTA ANA, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce that it has earned the Northrop Grumman Mission Systems ("NGMS") Platinum Supplier Designation. The designation recognizes Ducommun's continuous high level of quality and on-time delivery performance in providing micro power supplies to ground-based radar systems used ...

财务数据和关键指标变化 - 公司第一季度收入为1.908亿美元,同比增长5.3% [15][16] - 毛利率为24.6%,同比提升430个基点 [24][47][48] - 调整后营业利润率为9%,同比提升150个基点 [52] - 调整后EBITDA率为14.4%,同比提升170个基点 [28] - 每股收益(GAAP)为0.46美元,调整后每股收益为0.70美元,同比均有所提升 [29] 各条业务线数据和关键指标变化 - 航空航天业务收入增长11%,主要受益于787、A220等机型的产量提升 [39][55] - 国防业务收入增长1%,主要受益于黑鹰直升机、阿帕奇直升机和F-35等平台的强劲需求 [36][55] - 航空航天业务毛利率受到Monrovia工厂产能下降的拖累,而电子系统业务毛利率大幅提升 [56][57][58] 各个市场数据和关键指标变化 - 商用航空市场收入增长11%,主要受益于787、A220等机型的产量提升 [39] - 国防市场收入增长1%,主要受益于黑鹰直升机、阿帕奇直升机和F-35等平台的强劲需求 [36] - 公司总订单增长5.5%至14.6亿美元,其中国防订单增长28%至5.69亿美元 [30][38] 公司战略和发展方向及行业竞争 - 公司正在执行"2027愿景"战略,包括整合产能、持续收购、提高工程产品和售后市场占比等 [12][13][14] - 公司正在与波音和雷神合作,通过"卸载"策略获得更多业务机会,如SPY-6雷达项目 [20][21][22][23] - 公司正在努力获取更多空客A320和A220的业务份额 [113][128] 管理层对经营环境和未来前景的评论 - 管理层对公司2024年的收入增长保持谨慎态度,预计中单位数增长 [33] - 管理层对公司的长期发展前景充满信心,认为"2027愿景"将为股东创造独特的长期价值 [14] - 管理层表示正在积极应对供应链和劳动力等挑战,通过提前采购和产能整合等措施来确保交付 [49][50] 问答环节重要的提问和回答 问题1 **Mike Crawford 提问** 公司为应对供应链挑战而进行的战略性采购主要针对哪些关键原材料? [75][76] **Steve Oswald 回答** 公司主要针对钛材和电路卡进行了战略性采购,以确保关键原材料供应 [76][77] 问题2 **Michael Ciarmoli 提问** 电子系统业务的高毛利率是否可持续,背后的驱动因素是什么? [87][88][89][90] **Suman Mookerji 回答** 电子系统业务的高毛利率得益于工程产品业务占比提升、产能整合带来的成本节约,以及定价策略的执行,这些因素在未来一段时间内都是可持续的 [88][89][90][91] 问题3 **Ken Herbert 提问** 公司对737 MAX的产量预期如何,以及在空客窄体机上的份额提升计划 [113][114][115][116] **Steve Oswald 回答** 公司预计第二季度737 MAX的产量将有所下降,但长期来看仍看好该机型。同时公司正在努力提升在A320和A220上的市场份额,预计在12个月内有新的进展 [113][114][115][116]

Ducommun (DCO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.08%. A quarter ago, it was expected that this aerospace industry supplier would post earnings of $0.59 per share when it actually produced earnings of $0.70, delivering a surprise of 18.64%.Over the last four quarters, ...

EXHIBIT 99.1 NEWS RELEASE Ducommun Incorporated Reports First Quarter 2024 Results Record Start to the Year for both Q1 Revenue and Gross Margins SANTA ANA, CALIFORNIA (May 8, 2024) – Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024. First Quarter 2024 Recap • Net revenue was $190.8 million, an increase of 5.3% over Q1 2023 • Net income of $6.8 million, or $0.46 per diluted share, or 3.6% of revenue, up 70 bps year-over-year • ...