UL Solution For 2024 Anticipates Mid-To-High Single-Digit Organic Revenue Growth, Improved Adjusted EBITDA Margin And Capital Expenditures At 8.0-8.5% Of Revenue

Benzinga

2024/11/05

Full-Year 2024 Outlook

The Company's key points on 2024 outlook include:

Increasing to mid-to-high single digit constant currency, organic revenue growth
Q4 constant currency, organic revenue growth expected to be in the mid-to-high single digit range
Reiterating full-year Adjusted EBITDA margin improvement
Capital expenditures expected to be 8.0 to 8.5% of revenue
Continuing to pursue acquisitions and portfolio refinements

The Company's 2024 outlook is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. If actual results vary from these assumptions, the Company's expectations may change. There can be no assurance that the Company will achieve the results expressed by this outlook.

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