Xylem Reiterates 2024 Guidance As Previously Provided On May 2, 2024; Introduces Long-Term Financial Framework
Portfolio Pulse from Benzinga Newsdesk
Xylem has reiterated its 2024 guidance and introduced a long-term financial framework. The company anticipates annual organic revenue growth of 4-6%, with an average annual adjusted EBITDA margin expansion of approximately 100 basis points per year.

May 30, 2024 | 11:11 am
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Xylem has reiterated its 2024 guidance and introduced a long-term financial framework. The company anticipates annual organic revenue growth of 4-6%, with an average annual adjusted EBITDA margin expansion of approximately 100 basis points per year.
The reiteration of 2024 guidance and introduction of a long-term financial framework with higher growth and margin expansion targets is likely to positively impact investor sentiment and the stock price in the short term.
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