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An update from Modec ( (JP:6269) ) is now available.
Modec, Inc., a company in the oil and gas industry, has announced a revision to its financial targets for the fiscal year ending December 31, 2026, as part of its Mid-term Business Plan 2024-2026. The company has increased its net profit target from $175 million to $300 million and adjusted EBITDA from $300 million to $450 million, citing improved performance of existing FPSOs and higher earnings forecasts from EPCI projects.
More about Modec
YTD Price Performance: -1.34%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.4B
See more data about 6269 stock on TipRanks’ Stock Analysis page.
