Apr. 25 at 11:55 AM
$PHIN Phinia backs FY25 revenue view
$3.23B-
$3.43B, consensus
$3.35B
Backs FY25 adjusted EBITDA view
$140M-
$170M. The company said, "The Company reaffirms 2025 net sales of
$3.23 billion to
$3.43 billion. Excluding the impacts of foreign exchange and contract manufacturing arrangements in 2024, this implies a year-over-year sales range of 2% decline to 4% growth in 2025.
The Company's net earnings and adjusted EBITDA are projected to be
$140 million to
$170 million and
$450 million to
$490 million, respectively, with net earnings margin of 4.3% to 5.0% and adjusted EBITDA margin of 13.7% to 14.5%. The Company expects to generate
$160 million to
$200 million in adjusted free cash flow. Adjusted tax rate is expected to be in the range of 38% to 42%."
