$Babcock & Wilcox Enterprises (BW.US)$ NEWS Babcock & Wilcox...
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Babcock & Wilcox Announces Increased Full-Year Adjusted EBITDA Target of $105 Million to $115 Million, New Contracts and Awards of Approximately $500 Million Year-to-Date
Babcock & Wilcox Enterprises, Inc. (BW) announced year-to-date contract signings and awards of approximately $500 million, nearly doubling the amount from the previous year. The company raised its Full-Year 2024 Adjusted EBITDA target to $105-115 million, excluding certain expenses, due to increased demand in power generation, environmental technologies, and renewable energy projects.
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