Millicom Reiterated Cumulative Equity Free Cash Flow of at least $500M for 2022-2024
Portfolio Pulse from Benzinga Newsdesk
Millicom has reiterated its guidance of cumulative Equity Free Cash Flow (EFCF) of at least $500 million for the period 2022-2024.

October 26, 2023 | 10:05 am
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POSITIVE IMPACT
Millicom's reiteration of its EFCF guidance for 2022-2024 could potentially instill confidence in investors, possibly leading to a positive impact on its stock (TIGO).
Reiteration of financial guidance is often seen as a positive sign by investors as it indicates that the company is confident in its financial projections. This could potentially lead to increased investor confidence in TIGO, possibly resulting in a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100