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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100