Ranpak Holdings Forecasts 2024 Net Revenue Growth In The Area Of 6%-12% And AEBITDA Growth Of 5%-16% On Constant Currency Basis
Portfolio Pulse from Benzinga Newsdesk
Ranpak Holdings projects a net revenue growth of 6%-12% and AEBITDA growth of 5%-16% for 2024, with forecasts of $370-$390 million in net revenue and $80-$89 million for AEBITDA, all on a constant currency basis.
March 11, 2024 | 8:54 pm
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Ranpak Holdings forecasts significant growth in net revenue and AEBITDA for 2024, indicating a positive outlook for the company.
The forecasted growth in both net revenue and AEBITDA for 2024 suggests a strong financial outlook for Ranpak Holdings. This positive guidance is likely to instill investor confidence and could lead to an uptick in the stock price in the short term, as it indicates operational efficiency and potential market expansion.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100