08:51 AM EDT, 03/12/2024 (MT Newswires) -- Thomson Reuters ( TRI ) , which is hosting its 2024 Investor Day in New York, on Tuesday said it is investing "heavily" in 2024 and "has confidence" in 2025-2026 growth acceleration.
On medium term targets for 2025-2026, it sees organic growth of 6.5%-8% and 8%-9%, while on Adjusted EBITDA margins it sees 75 BPS expansion In 2025, 50-plus BPS expanion In 2026. On capital intensity (accrued CapEx as % of revenue) it sees near 8% and on free cash flow it sees US$2-$2.1 billion for 2026.