tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Enviri sees mid-single digit organic revenue growth on average over next 3 years

Enviri Corporation is hosting an Analyst Day today, June 20… For those interested in learning how Enviri is creating value both for the environment and shareholders, please join us for the half-day event….Enviri’s Chairman and CEO, Nick Grasberger, and Senior Vice President and CFO, Tom Vadaketh, will provide an update on Enviri and the Company’s financial priorities and outlook. Sees average adjusted EBITDA growth of 10 to 12% annually during this period; Sees adjusted EBITDA targets of 17% for Clean Earth, 20 percent for Harsco Environmental and 10% for Harsco Rail; Adjusted Free Cash Flow margin of 10% for Enviri’s business segments.”In addition, our underlying businesses are performing well and our shorter- and longer-term outlook for each is positive. As a result, we’re targeting annual cash earnings growth of 10+% over the next few years. This along with significant deleveraging in the year ahead is expected to drive meaningful value creation for our shareholders.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1