GXO Logistics: On Track To Achieve FY 2027 EBITDA Target
Portfolio Pulse from
GXO Logistics is on track to achieve its FY 2027 EBITDA target, with strong growth prospects driven by new business wins and improving business confidence. The company reported a 27.8% year-over-year revenue growth in Q3, with organic growth accelerating for the third consecutive quarter. The sales pipeline increased by 30% year-over-year to $2.4 billion, particularly in eCommerce fulfillment.
November 07, 2024 | 3:00 am
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POSITIVE IMPACT
GXO Logistics reported a 27.8% revenue growth in Q3, with a strong sales pipeline and new business wins, particularly in eCommerce fulfillment. The company is on track to achieve its FY 2027 EBITDA target.
The significant year-over-year revenue growth and increase in the sales pipeline indicate strong business performance and future prospects. The focus on eCommerce fulfillment aligns with market trends, supporting the positive outlook and buy rating.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100