30.11.2023 02:34:49 - dpa-AFX: ATI Projects Revenues Exceeding $5 Bln By 2027; To Buy Back $150 Mln Of Shares

WASHINGTON (dpa-AFX) - ATI Inc. (ATI) projects revenues exceeding $5 billion
with adjusted EBITDA of $1 billion by 2027. The company has announced a new
share repurchase authorization of $150 million, and it specifies that this
authorization will commence in 2024.

At its 2023 Investor Update, the company said it projects more than $1 billion
in top-line organic growth and a 60% increase in adjusted earnings from 2023 to
2027.

Looking ahead for 2025, the company expects adjusted EBITDA to be in the range
of $0.8 billion and $0.9 billion, and revenue of $4.5 billion to $4.6 billion.

For 2027, the company expects adjusted EBITDA to be in the range of $1.0 billion
to $1.2 billion, and revenue of $5.2 billion to $5.4 billion.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ATI INC. DL-,01 931083 Frankfurt 57,980 16.05.24 14:33:04 +2,720 +4,92% 56,300 58,000 56,080 55,260

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