World Kinect Expects 30% Adj. Operating Margin Target By 2026; Adj. EBITDA Growth $480M-$520M By 2026
Portfolio Pulse from Benzinga Newsdesk
World Kinect (WKC) has set a target to achieve a 30% adjusted operating margin by 2026. Additionally, the company expects its adjusted EBITDA to grow between $480 million to $520 million by the same year.
March 13, 2024 | 1:11 pm
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World Kinect targets a 30% adjusted operating margin and expects adjusted EBITDA to grow to $480M-$520M by 2026.
Setting a high target for adjusted operating margin and expecting significant growth in adjusted EBITDA indicates strong future financial health and operational efficiency. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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RELEVANCE 100