Cabot Corporation (CBT) said the company is confident in its ability to achieve next set of strategic objectives, including an adjusted EPS CAGR of 7-10% over the next 3 years and adjusted EBITDA of $0.9-$1 billion by fiscal 2027. Cabot said it remains committed to creating long-term value for shareholders through earnings growth, robust cash flow generation, and disciplined capital allocation.
"We remain committed to maintaining an investment-grade credit rating, executing on our growth priorities and returning robust levels of cash to shareholders through disciplined capital allocation," said Sean Keohane, President and Chief Executive Officer.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.