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Park-Ohio sees FY23 cont ops revenue up 5%-10%, two estimates $1.84B
The Fly

Park-Ohio sees FY23 cont ops revenue up 5%-10%, two estimates $1.84B

"For 2023, we expect revenues from continuing operations to increase 5-10% year-over-year, driven by increased customer demand and strong capital equipment backlogs at December 31, 2022. We also expect improvement in adjusted operating income; EBITDA, as defined; free cash flow and adjusted EPS in 2023 as a result of higher sales levels and improved operating margins in each segment."

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