Generac Sees 2024 Net Sales Growth 4-8%, Sees Adj. EBITDA Margin 17-18%
Portfolio Pulse from Benzinga Newsdesk
Generac Holdings Inc. (GNRC) has projected a net sales growth of 4-8% and an adjusted EBITDA margin of 17-18% for 2024.
July 31, 2024 | 10:02 am
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Generac Holdings Inc. has projected a net sales growth of 4-8% and an adjusted EBITDA margin of 17-18% for 2024. This indicates a positive outlook for the company's financial performance in the coming year.
The projected net sales growth and adjusted EBITDA margin suggest that Generac is expecting a strong financial performance in 2024. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100