Cash Flow ImprovementThe cash flow profile should improve in 2025 as transaction and other costs reduce and core operations increase.
Cost Savings InitiativesFWRD has been tracking ahead of plan on the annualized cost savings initiatives and reached $80m, which will be the run-rate in 1Q 2025 and beyond.
Financial FlexibilityAdding the cash to the $277m of availability under the amended reduced revolving credit facility, liquidity at the end of the quarter was $382m with much more financial flexibility.