CECO Environmental forecasts 2027 adjusted EBITDA of $475 million-$525 million
CECO•CECO Environmental forecast 2027 adjusted EBITDA of $475 million-$525 million and revenue of $2.1 billion-$2.3 billion. For 2026, it raised orders guidance to more than $2.5 billion and adjusted free cash flow expectations to approximately 100% of adjusted EBITDA.
1. 2027 outlook
CECO Environmental forecast 2027 adjusted EBITDA of $475 million-$525 million, up more than 130% from reported results, and revenue of $2.1 billion-$2.3 billion. It expects adjusted free cash flow of 50%-60% of adjusted EBITDA. For 2026, orders guidance rose to more than $2.5 billion and adjusted free cash flow expectations increased to approximately 100% of adjusted EBITDA, while revenue guidance remains $1.3 billion-$1.38 billion and adjusted EBITDA guidance remains $200 million-$225 million. The company cited a backlog exceeding $2.2 billion heading into 2027, a sales pipeline above $9 billion and accelerating integration savings.
