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home / news releases / BERY - Berry Global Group: Challenges Ahead - Still A Cash Flow Monster

BERY - Berry Global Group: Challenges Ahead - Still A Cash Flow Monster

Berry Global Group Inc.

Summary

  • Inflation has been playing a big part in the recent underperformance of BERY, but it will continue to throw off a lot of cash.
  • The stock may be rangebound in the first half of 2023 until expected earnings rebound in the second half.
  • Including Fx and high-interest rate headwinds, management still guides for free cash flow to be in a range of $800 million to $900 million for 2023.

For further details see:

Berry Global Group: Challenges Ahead - Still A Cash Flow Monster
Stock Information
Company Name: Berry Global Group Inc.
Stock Symbol: BERY
Market: NYSE
Website: berryglobal.com
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