Baker Hughes Is Nearing Its 20% Segment EBITDA Targets
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Baker Hughes is nearing its 20% EBITDA margin target, with significant progress in its OFSE and IET segments. The company is expanding its digital technology with AI-driven solutions and expects its serviceable installed base to grow by 20% through 2030.
January 09, 2025 | 10:15 pm
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Baker Hughes is nearing its 20% EBITDA margin target, with OFSE at 19.30% and IET at 17.02%. The company is expanding its digital technology with AI-driven solutions and expects a 20% growth in its serviceable installed base by 2030.
Baker Hughes is making significant progress towards its EBITDA margin target, which is a positive indicator for investors. The expansion in digital technology and AI-driven solutions suggests potential for future growth, especially with the expected increase in LNG capacity.
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