Albemarle expects 2027 net sales to jump 2.5 times
Albemarle expects net sales to grow 2.5 times current totals by 2027.
Today the company released its strategic update. Headquartered in Charlotte, North Carolina, Albemarle (NYSE:ALB) is a global specialty chemicals company focused on lithium, bromine and refining catalysts.
The company said the improved outlook will be "driven primarily by capital projects execution." The company projected its five-year net sales compound annual growth rate at about 5% and adjusted EBITDA margins 32-36% by 2027.
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