ESAB Expects Full Year 2024 Total Core Sales Growth Of (1.5)%-(0.5)%, Core Organic Sales Growth Of 0.0%-1.0%, M&A Of 1.0% And FX Of ~(2.5)% From Prior Guidance Of (2.5)%-(0.5)%, (1.0)%-1.0%, 1.0% And ~(2.5)%, Respectively
Portfolio Pulse from Benzinga Newsdesk
ESAB has updated its full-year 2024 sales growth expectations, projecting total core sales growth of -1.5% to -0.5%, core organic sales growth of 0.0% to 1.0%, M&A contribution of 1.0%, and a foreign exchange impact of approximately -2.5%. This is an improvement from previous guidance.
October 29, 2024 | 10:34 am
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ESAB has revised its full-year 2024 sales growth expectations, showing an improved outlook. The company now expects total core sales growth of -1.5% to -0.5%, core organic sales growth of 0.0% to 1.0%, M&A contribution of 1.0%, and a foreign exchange impact of approximately -2.5%.
The updated guidance indicates a more positive outlook for ESAB's sales growth compared to previous expectations. This suggests potential for improved financial performance, which could positively impact the stock price in the short term.
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