Nutrien To Highlight Strategic Priorities And 2026 Targets At Investor Day Today At 10:00 a.m. ET; Targeting Retail Adjusted EBITDA Of $1.9B-$2.1B In 2026, Including A Goal Of $1.4B In Gross Margin From Proprietary Products Portfolio; Intends To Reduce Controllable Costs Across Operations And Corporate Functions By ~$200M And Maintain Annual Average Capital Expenditures Of $2.2B-$2.3B Through 2026
Portfolio Pulse from Benzinga Newsdesk
Nutrien is set to present its strategic priorities and 2026 targets at its Investor Day. The company aims for a Retail adjusted EBITDA of $1.9B-$2.1B in 2026, with a goal of $1.4B in gross margin from proprietary products. Nutrien plans to reduce controllable costs by $200M and maintain annual capital expenditures of $2.2B-$2.3B through 2026.
June 12, 2024 | 12:44 pm
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Nutrien aims to achieve a Retail adjusted EBITDA of $1.9B-$2.1B by 2026, with significant cost reductions and capital expenditures. The company is focusing on core assets, operational improvements, and strategic investments to enhance earnings and free cash flow.
Nutrien's clear strategic priorities and ambitious financial targets are likely to positively impact investor sentiment. The focus on cost reduction, capital management, and core asset optimization suggests a disciplined approach to growth and profitability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100