08:44 AM EDT, 04/02/2025 (MT Newswires) -- Superior Plus ( SUUIF ) on Wednesday said it sees adjusted Ebitda advancing at a compounded annual growth rate of 8% a year for the next three years.
The forecast is part of financial targets through 2027 released ahead of the company's investor day scheduled for later on Wednesday. The company raised its annual adjusted EBITDA target for Superior Delivers, its propane transformation plan, to US$70 million from US$50 million.
Superior Plus's ( SUUIF ) guidance also includes an adjusted EBITDA forecast for 2027 of US$570 million and an adjusted earnings target of US$0.65 per share that year.
"We are confident the transformation Superior Plus ( SUUIF ) is undergoing will create tremendous value for shareholders over the next three years and set the company up for long-term success as a best-in-class energy solutions provider," said Allan MacDonald, president and CEO of Superior Plus ( SUUIF ).
Superior Plus' ( SUUIF ) share price rose 2.3% on Tuesday to $6.58 on the TSX.