By 2026, Stantec Eyes Net Revenue of $7.5B, Organic Net Revenue Growth at a 3-Year CAGR of Greater Than 7%, Adj EPS at a CAGR of 15%-18%
Portfolio Pulse from Benzinga Newsdesk
Stantec has set ambitious financial targets for the end of 2026, including a net revenue goal of $7.5 billion, organic net revenue growth with a CAGR of over 7%, an adjusted EBITDA margin between 17% to 18%, and an adjusted diluted EPS CAGR of 15% to 18%.
December 05, 2023 | 11:52 am
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Stantec aims for significant growth by 2026 with a net revenue target of $7.5 billion, organic net revenue CAGR over 7%, and adjusted EPS CAGR of 15%-18%.
Stantec's ambitious growth targets for 2026 are likely to be viewed positively by investors, suggesting a strong future performance and potential stock appreciation. The specific CAGR figures and revenue targets provide clear metrics for investors to track, increasing confidence in the company's strategic direction.
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