Methode Electronics forecasts FY27 adjusted EBITDA of $72 million-$82 million

Methode Electronics, Inc.

Methode Electronics, Inc.

MEI

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  • Methode Electronics issued FY27 guidance of net sales USD 1.03 billion to USD 1.08 billion; adjusted EBITDA USD 72 million to USD 82 million.
  • Adjusted EBITDA margin forecast at 7% to 7.6%; free cash flow expected comparable to FY26.
  • Forecast assumes capex USD 25 million to USD 30 million; interest expense USD 20 million to USD 22 million; tax expense USD 24 million to USD 26 million.
  • FY26 net sales were USD 1.02 billion; adjusted EBITDA USD 68.2 million; free cash flow USD 15.6 million; net debt USD 185.4 million.
  • Outlook drivers include about USD 50 million data center sales growth, Mexico operational improvement, cost savings, improved commercial vehicle demand.


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