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Superior Plus Hosts Investor Day, Raises Superior Delivers Target to $70M+, and Unveils 2027 Financial Targets
Key Highlights New Target for Propane Transformation : Increasing Superior Delivers ...
About this update from Superior Plus Corp
[{"type":"text","content":"Superior Plus Hosts Investor Day, Raises Superior Delivers Target to $70M+, and Unveils 2027 Financial Targets\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwwidth100 { width: 100% }\n.bwwidth20 { width: 20% }\n.bwwidth40 { width: 40% }\n \n\n\n\n Key Highlights\n \n\n\n\n New Target for Propane Transformation\n \n : Increasing\n \n Superior Delivers\n \n target from $50M+ to $70M+ of incremental Adjusted EBITDA by 2027.\n \n\n\n New Consolidated Financial Targets:\n \n Introducing three-year financial targets, including approximate compound annual growth rates (CAGRs) of: 8% for Adjusted EBITDA\n \n (1)\n \n , 17% for Adjusted EBTDA\n \n (1)\n \n per share and 40% for Free Cash Flow\n \n (1)\n \n as well as significant improvements on return on invested capital (ROIC)\n \n (1)\n \n from 2024 to 2027.\n \n\n\n Strengthen Balance Sheet and Capital Allocation Priorities:\n \n Expecting to reduce Leverage Ratio\n \n (1)\n \n from 4.1x to below 3.0x over the three-year period from 2025 to 2027, while allocating ~C$400M to share repurchases.\n \n\n\n\n (1)\n \n Adjusted EBITDA, Adjusted EBTDA per share, Free Cash Flow, ROIC and Leverage Ratio are Non-GAAP Financial Measures. See “Non-GAAP Financial Measures and Ratios” section below.\n \n\n\n\n Superior Plus Corp. (“\n \n Superior Plus\n \n ” or “\n \n the Company”\n \n ) (TSX: SPB), a leading North American distributor of propane, compressed natural gas (CNG), renewable energy and related products, will host its 2025 Investor Day in Toronto today, Wednesday, April 2, 2025, from 8:30 a.m. until 12:30 p.m. ET. President and Chief Executive Officer Allan MacDonald and Chief Financial Officer Grier Colter, along with key members of the leadership team, will present the Company’s strategic roadmap.\n \n\n The presentations will cover several topics, including\n \n Superior De...