GCC forecasts low-single-digit EBITDA growth for 2026
GCC•GCC forecasts low-single-digit EBITDA growth in 2026, free cash flow conversion above 60% and negative year-end net debt/EBITDA. It projects US$220 million in capital spending, while third-quarter EBITDA fell 5.8% to US$148.4 million.
1. 2026 outlook
GCC forecasts low-single-digit EBITDA growth for 2026 and expects free cash flow conversion to exceed 60%, with year-end net debt/EBITDA remaining negative. Capital spending is projected at US$220 million, including US$150 million for strategic and growth investments.
2. Third-quarter results
Third-quarter EBITDA fell 5.8% to US$148.4 million, reflecting shipment timing, pricing and product mix, and transitional Odessa freight costs. Heavy September rainfall delayed activity beyond the quarter, while the new Odessa production line is ramping up in line with customer demand.
