Element Solutions Increased Its FY24 Adjusted EBITDA Expectation To An Updated Range Of $530M-$545M; Expects FY24 Free Cash Flow To Be In The Range Of $280M-$300M
Portfolio Pulse from Benzinga Newsdesk
Element Solutions has increased its FY24 adjusted EBITDA expectation to a range of $530M-$545M and expects FY24 free cash flow to be between $280M-$300M.
July 29, 2024 | 9:15 pm
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Element Solutions has raised its FY24 adjusted EBITDA expectation to $530M-$545M and expects FY24 free cash flow to be in the range of $280M-$300M.
The increase in adjusted EBITDA expectations and the positive free cash flow forecast indicate strong financial performance, which is likely to positively impact the stock price in the short term.
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