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Lennox sees FY23 CapEx $250M
The Fly

Lennox sees FY23 CapEx $250M

For FY23 expects: Corporate expenses of approximately $80 million; Interest expense of $55-$60 million An effective tax rate of 19-21% on an adjusted basis; Capital expenditures of approximately $250 million, including investments in the new Commercial manufacturing facility and investments for the upcoming refrigerant regulatory transition; Cash from operations of $500-$600 million and free cash flow of $250-$350 million; Stock repurchases of $100-$200 million; A weighted average diluted share count of 35-36 million shares.

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