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Tecnoglass Expects FY24 Revenue Of $875M (Vs. $899.5M Est.), Adj. EBITDA Of $267M, Adj. EBITDA Margins Of 29%-31%

Benzinga ·  May 9 07:08

We continue to anticipate growth in revenue for the full year and are introducing a range of scenarios based on market and company specific dynamics relevant to our outlook. Our base case scenario projects full year revenue of $875 million and Adjusted EBITDA of $267 million, within downside and upside scenarios that assume revenue growth of 2% and 9%, respectively, producing Adjusting EBITDA margins of 29% and 31%, respectively.

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