World Kinect (WKC) PT Raised to $26 at BofA Securities

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Go back to World Kinect (WKC) PT Raised to $26 at BofA Securities

World Kinect Corporation Highlights Growth Strategy and Financial Outlook During 2024 Investor Day

March 13, 2024 4:15 PM EDT

Focused on achieving a 30% adjusted operating margin and full-year adjusted EBITDA of $480 520 million by 2026. Targeting aggregate Free Cash Flow generation of $900 million to $1.2 billion over the next five years, with approximately 40% allocated to buybacks and dividends.

MIAMI--(BUSINESS WIRE)-- World Kinect Corporation (NYSE: WKC) (World... More

World Kinect Corporation Announces Sale of the Avinode Group and Portfolio of Aviation Software Products for approximately $200 million

March 12, 2024 4:15 PM EDT

MIAMI--(BUSINESS WIRE)-- World Kinect Corporation (NYSE: WKC) announced today it has signed a definitive agreement to sell the Avinode Group, the worlds leading air charter sourcing platform, and its portfolio of aviation FBO software products to CAMP Systems International, Inc., a wholly owned subsidiary of Hearst,... More