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Advanced Drainage sees FY25 revenue $2.925B-$3.025B, consensus $3.01B

Based on current visibility, backlog of existing orders and business trends, the company confirmed its financial targets for fiscal 2025. Net sales are now expected to be in the range of $2.925 billion to $3.025 billion. Adjusted EBITDA is expected to be in the range of $940 million to $980 million. Capital expenditures are expected to be in the range of $250 million to $300 million.

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