Axalta Coating Systems Presents 3-Year Plan, Aims To Target A Number Of Milestones For 2026, Including $500M In Net Sales Growth And Greater Than 60% Adjusted Diluted EPS Growth Compared To 2023, Along With Adjusted EBITDA Margins That Exceed 21%
Portfolio Pulse from Benzinga Newsdesk
Axalta Coating Systems (NYSE:AXTA) has unveiled a three-year plan targeting significant milestones by 2026, including $500 million in net sales growth, over 60% Adjusted Diluted EPS growth, and adjusted EBITDA margins exceeding 21%. The plan focuses on cultural transformation, operational excellence, optimized portfolio strategy, sustainable innovation, and effective capital allocation.
May 15, 2024 | 12:11 pm
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Axalta Coating Systems has announced a comprehensive three-year plan targeting $500 million in net sales growth, over 60% Adjusted Diluted EPS growth, and adjusted EBITDA margins exceeding 21% by 2026. The plan focuses on cultural transformation, operational excellence, optimized portfolio strategy, sustainable innovation, and effective capital allocation.
The announcement of a detailed and ambitious three-year plan is likely to positively impact investor sentiment and drive short-term stock price appreciation. The focus on significant growth in net sales, EPS, and EBITDA margins indicates strong future performance potential.
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