GE Vernova Provided Its Outlook By 2028 Including Achieving Mid-Single Digit Organic Revenue Growth, Achieving ~$10B Of Operating Profit, 10% Adjusted EBITDA Margin, And 90-110% Free Cash Flow Conversion
Portfolio Pulse from Benzinga Newsdesk
GE Vernova, a division of General Electric, has outlined its financial outlook up to 2028, aiming for mid-single digit organic revenue growth, approximately $10 billion in operating profit, a 10% adjusted EBITDA margin, and a free cash flow conversion rate of 90-110%.
April 02, 2024 | 10:45 am
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GE Vernova's financial outlook to 2028 includes mid-single digit organic revenue growth, ~$10B operating profit, 10% adjusted EBITDA margin, and 90-110% free cash flow conversion.
GE Vernova's ambitious financial targets for 2028 are likely to be viewed positively by investors, indicating strong future performance and financial health. This outlook could lead to increased investor confidence in GE, potentially driving up the stock price in the short term.
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