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VSE Corp Sees FY24 Fleet Segment Revenue Growth Of 13%-17% YoY; Aviation Segment Revenue Growth Of 24%-28% YoY

Author: Benzinga Newsdesk | February 29, 2024 05:52pm

FULL YEAR 2024 GUIDANCE(3)

VSE estimates full year 2024 revenue growth and Adjusted EBITDA margin guidance for its Aviation segment. The guidance is as follows:

Aviation segment full year 2024 revenue growth of 24% to 28%, as compared to the prior year.
Aviation segment Adjusted EBITDA margin expected to be between 15% and 16%.

(3)

VSE plans to update full year 2024 revenue growth and Adjusted EBITDA margin guidance in the second quarter after completing the acquisition of TCI.

VSE estimates its full year 2024 revenue growth and Adjusted EBITDA margin guidance for its Fleet segment. The new guidance is as follows:

Fleet segment full year 2024 revenue growth of 13% to 17%, as compared to the prior year.
Fleet segment Adjusted EBITDA growth of 8% to 12%, as compared to the prior year.

Posted In: VSEC