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Thomson Reuters Says Investing "Heavily" In 2024 and Has "Confidence" In 2025-2026 Growth Acceleration
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Thomson Reuters Says Investing "Heavily" In 2024 and Has "Confidence" In 2025-2026 Growth Acceleration
Mar 12, 2024 6:15 AM

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.

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