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Caesarstone Reaffirms Outlook To Deliver Positive Adjusted EBITDA And Operating Cash Flow In 2024

Benzinga ·  May 8 19:28

Outlook

The Company reaffirms its expectation to deliver positive adjusted EBITDA for full year 2024 along with another full year of positive operating cash flow. The Company also reiterates its expectation to realize restructuring-related cost savings of approximately $20.0 million in full year 2024 and $30.0 million thereafter compared to full year 2023.

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