Tennant Targets 2024 Organic Net Sales Growth Of 2%-4% Split Equally Between Price And Volume Growth
Portfolio Pulse from Benzinga Newsdesk
Tennant Company aims for a 2%-4% organic net sales growth in 2024, with an equal contribution from price and volume growth.

February 22, 2024 | 1:58 pm
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Tennant Company targets a 2%-4% organic net sales growth for 2024, aiming for balanced growth from both price and volume.
Tennant Company's targeted growth is a positive signal to investors, indicating a strategic balance between price increases and volume sales to drive revenue. This balanced approach suggests a healthy demand for Tennant's products and the company's ability to manage pricing effectively, which could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100