Advanced Drainage Systems Sees Q1 FY25 Sales Of $2.925B-$3.025B Vs. $3.005B Est., Adj. EBITDA Of $940M-$980M
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Advanced Drainage Systems (WMS) has provided its Q1 FY25 financial outlook, expecting net sales between $2.925 billion and $3.025 billion, and adjusted EBITDA between $940 million and $980 million. Capital expenditures are projected to be between $250 million and $300 million.
August 08, 2024 | 10:47 am
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Advanced Drainage Systems (WMS) has provided its Q1 FY25 financial outlook, expecting net sales between $2.925 billion and $3.025 billion, and adjusted EBITDA between $940 million and $980 million. Capital expenditures are projected to be between $250 million and $300 million.
The financial outlook provided by Advanced Drainage Systems (WMS) indicates a positive revenue and EBITDA range, which is slightly below the estimated $3.005 billion in sales. This guidance is likely to have a positive short-term impact on the stock price as it shows strong financial health and investment in capital expenditures.
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