CommScope Targets $1 Billion in Core EBITDA by 2025

Published 19 hours agoCOMM

CommScope Targets $1 Billion in Core EBITDA by 2025

CommScope Holding Company, Inc. has set an ambitious financial outlook for 2025, aiming for a Core adjusted EBITDA in the range of $1.00 billion to $1.05 billion. This announcement comes on the heels of their 2024 performance, where the company reported net sales of $4.21 billion, reflecting an 8% decrease from the previous year, but maintained an adjusted EBITDA of $756 million, according to pt.commscope.com.

In the fourth quarter of 2024 alone, CommScope saw net sales of $1.17 billion, marking a significant year-over-year increase of 26.6%. Their Core adjusted EBITDA for the same period soared to $240.4 million, up 68.7% compared to the prior year. A noteworthy development during this period was CommScope's completion of the sale of its Outdoor Wireless Networks and Distributed Antenna Systems businesses to Amphenol Corporation, a strategic move that allowed the company to repay about $2 billion in debt, enhancing its financial health.

Looking ahead, CommScope is focusing on nurturing growth within its Connectivity and Cable Solutions segment, driven by rising demand for advanced data center infrastructure and AI technologies, as mentioned on stocktitan.net. As of the end of 2024, the company boasts a strong liquidity position with $1.1 billion in total liquidity, composed of $663 million in cash and $449 million in available credit, setting a robust foundation for their future strategic initiatives.

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