Flutter Entertainment Announces A Strategic Growth Plan With Medium-Term 2027 Guidance, Targeting ~$21B Revenue At A CAGR Of 14%, An Adjusted EBITDA Of Over $5B, And A Free Cash Flow Of About $2.5B By 2027, Alongside A $5B Share Repurchase Program
Portfolio Pulse from Benzinga Newsdesk
Flutter Entertainment has announced a strategic growth plan with a 2027 revenue target of ~$21B, a CAGR of 14%, and an adjusted EBITDA of over $5B. The company also plans a $5B share repurchase program. Flutter aims to leverage its global scale and local market leadership to achieve these goals.
September 25, 2024 | 12:25 pm
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Flutter Entertainment has set ambitious financial targets for 2027, including $21B in revenue and a $5B share repurchase program. The company is leveraging its global scale and local market leadership to achieve these goals.
Flutter's announcement of a strategic growth plan with clear financial targets and a significant share repurchase program is likely to positively impact its stock price. The company's focus on leveraging its global scale and local market leadership positions it well for future growth, making it an attractive investment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100