2024 Full 12 months Complete Firm Outlook
For 2024, the Firm expects to attain the monetary efficiency highlighted under. Projected Internet Gross sales and Adjusted EBITDA embody the anticipated influence of worth, commodities, and margins for 2024.
- Internet Gross sales to be in a spread of $16.4 billion to $17.2 billion (prior $17.5 billion to $18.5 billion) vs. $17.64B consensus.
- Gross Revenue margin to be in a spread of 31.5% to 32.5%.
- Adjusted EBITDA to be in a spread of $2.2 billion to $2.4 billion.
- Adjusted EBITDA margin to be in a spread of 13.4% to 14.0%.
- Free money circulate within the vary of $1.0 billion to $1.2 billion.
- Complete capital expenditures within the vary of $400 million to $500 million.
- Common commodity costs within the vary of $380 to $400 per thousand board toes (mbf).
- Curiosity expense within the vary of $205 million to $215 million.
- An efficient tax charge of 23.0% to 25.0%.
- Depreciation and amortization bills within the vary of $525 million to $575 million.
- Two extra promoting days in 2024 versus 2023.
