Arcadium Lithium's 2024 Investor Day Highlights Company's Strategic Vision And Pathway To Significant Growth; Sees Adjusted EBITDA Of $1.3B By 2028; Accelerating Plan To Deliver $125M Of Merger-Related Cost Savings Roughly 2-Years Ahead Of Initial Target
Portfolio Pulse from Benzinga Newsdesk
Arcadium Lithium, a global lithium chemicals producer, shared its strategic vision at the 2024 Investor Day, highlighting plans to achieve $1.3B in adjusted EBITDA by 2028 and accelerate $125M in merger-related cost savings. The company aims to double sales volumes and has signed an MoU with Toyota Tsusho.
September 19, 2024 | 9:02 pm
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Arcadium Lithium plans to achieve $1.3B in adjusted EBITDA by 2028, accelerate $125M in cost savings, and double sales volumes. The MoU with Toyota Tsusho is a key step in unlocking synergies.
The strategic updates from Arcadium Lithium, including financial targets and cost-saving measures, are likely to positively impact investor sentiment. The MoU with Toyota Tsusho suggests potential for further synergies, supporting growth and profitability.
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