- Ashland Global sees its performance accelerate and the company posts a good income and free cash flow result.
- The full-year guidance implies Q4 will have the highest EBITDA of the entire year.
- This paves the way to increased expectations for FY2022, especially as Ashland wants to increase its EBITDA-to-FCF conversion ratio towards 60% in the longer run.
- About a year ago, I was bearish. But I'm starting to change my opinion as ASH performs stronger than I had anticipated.
For further details see:
Ashland Global Remains On The Right Track To Post A Strong Free Cash Flow Result