Ashland Sets Fiscal 2027 Sales and Adjusted EBITDA Outlook
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Ashland Inc. set fiscal 2027 sales and adjusted EBITDA ranges and projected up to approximately $140 million in capital spending, laying out its expectations for revenue, profitability and investment. Sales are expected to range from $1.905 billion to $1.975 billion, while adjusted EBITDA is projected at $405 million to $435 million. Capital expenditures could reach up to approximately $140 million in fiscal 2027. Ashland estimates that a stronger U.S. dollar will reduce sales by $20 million to $25 million and adjusted EBITDA by $7 million to $10 million. Modestly higher inventory is expected to weigh on free cash flow conversion.
Source: TokenPost
