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Babcock & Wilcox Boosts Earnings Target
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Overview
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Babcock & Wilcox Enterprises, Inc. raises its 2024 Adjusted EBITDA target to $105-115 million due to $500 million in new contracts and awards. CEO Kenneth Young lauds the company's contract wins and optimistic business strategy execution.
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How could Babcock & Wilcox's success reflect broader trends in the energy industry?
How might Babcock & Wilcox's increased earnings target impact their market competitiveness?
What strategies might Babcock & Wilcox be employing to secure significant contracts in the energy and environmental sectors?
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