Brief: Archer Expects EBITDA Growth Of 15-20% In 2024

Archer

29/02/2024 06:43

Feb 29 (Reuters) - Archer Ltd  ARCHA.OL :
    * Q4 REVENUE OF $305 MILLION AND ADJUSTED EBITDA OF $33.4
MILLION,
YEAR-ON-YEAR INCREASE OF 15% AND 14%, RESPECTIVELY
    * OUTLOOK: ARCHER ESTIMATES 15-20% EBITDA GROWTH IN 2024
    * OUTLOOK: SEES FURTHER REDUCTION OF LEVERAGE RATIO TO
BETWEEN 2.4
AND 2.7 AT YEAR-END 2024

Source text for Eikon:  ID:nWkr3qllyh 
Further company coverage:  ARCHA.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))