IAA Sees FY19 Sales $1.3B vs $1.42B Est.

Fiscal 2019 Outlook: For fiscal 2019 the Company now expects: Consolidated revenues to grow organically within a range of 7.0% - 7.5% from fiscal 2018 consolidated revenues of $1.3

Benzinga · 11/12/2019 11:48

Fiscal 2019 Outlook:

For fiscal 2019 the Company now expects:

  • Consolidated revenues to grow organically within a range of 7.0% - 7.5% from fiscal 2018 consolidated revenues of $1.3 billion. This compares to the previously provided consolidated organic revenue growth range of 5.0% - 7.0%.
  • Adjusted EBITDA is expected to grow organically within a range of 6.0% - 7.0% from fiscal 2018 Adjusted EBITDA of $383.0 million. This compares to the previously provided organic Adjusted EBITDA growth range of 6.0% to 8.0%.