amortization

GE Vernova projects it can grow sales at a mid-single digit rate, in percent terms, over the coming years and produce earnings before interest, taxes, depreciation, and amortization, or Ebitda, profit margins of 14%.

The company also raised its outlook for adjusted earnings before interest, taxes, depreciation and amortization—which strip out exceptional and other one-off items—to between $1.24 billion and $1.26 billion.

The company had expected full-year operating profit before exceptional items and amortization to grow 4% to 8% organically, and now sees it at the lower end of that range, it said.

MP shares trade for about 23 times the company’s estimated 2030 earnings before interest, taxes, depreciation, and amortization, or Ebitda.

The Swedish telecom company delivered growth in earnings before interest, taxes, depreciation, amortization and the cost of leased assets, or Ebitdaal, in the third quarter, mainly driven by its cost efficiency strategy.