KBR reiterates 2027 financial targets

KBR (KBR) is reiterating its 2027 financial targets, introduced at its May 2024 Investor Day which are based on 2023 baseline year. Specifically, the company expects to achieve: KBR Consolidated: Revenues of $11.5 billion; Adj. EBITDA of $1.15+ billion; Adj. EBITDA Margin of 10% – 11%, and Operating Cash Flow of $700+ million; MTS: Revenue CAGR of 11% – 15% and Adj. EBITDA Margin of 9% – 10%; STS: Revenue CAGR of 11% – 15% and Adj. EBITDA Margin of ~20%.