VSE Corp Sees FY24 Fleet Segment Revenue Growth Of 13%-17% YoY; Aviation Segment Revenue Growth Of 24%-28% YoY
Portfolio Pulse from Benzinga Newsdesk
VSE Corp (VSEC) has provided its full year 2024 revenue growth and Adjusted EBITDA margin guidance for its Aviation and Fleet segments. The Aviation segment is expected to see a revenue growth of 24%-28% and an Adjusted EBITDA margin of 15%-16%. The Fleet segment is projected to have a revenue growth of 13%-17% and an Adjusted EBITDA growth of 8%-12%. VSE plans to update this guidance in the second quarter after completing the acquisition of TCI.
February 29, 2024 | 9:52 pm
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POSITIVE IMPACT
VSE Corp projects significant revenue and Adjusted EBITDA growth for both its Aviation and Fleet segments in FY24, with updates to follow post-TCI acquisition.
The projected growth in both the Aviation and Fleet segments indicates a positive outlook for VSE Corp's financial performance in FY24. The acquisition of TCI is expected to further enhance this growth, making the news highly relevant and important for investors. The confidence score reflects the clear guidance provided by the company, although future updates could adjust these projections.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100