KBR publishes investor day presentation
KBR•KBR published its Investor Day presentation, targeting annual standalone organic revenue growth of at least 10% for 2026–2029. It also set 2027–2029 targets for an adjusted EBITDA margin of at least 12%, free cash flow conversion of at least 85%, and net leverage below 2.5 times adjusted EBITDA.
1. Financial targets
KBR published its presentation ahead of its Investor Day. It targets standalone organic revenue growth of 10% or more annually from 2026 to 2029, excluding megaprojects exceeding $1 billion in scope and future capital deployment. For 2027–2029, it targets an adjusted EBITDA margin of at least 12% and free cash flow conversion of at least 85%. Net leverage is targeted below 2.5 times trailing-12-month adjusted EBITDA, including M&A deployment.
2. Planned spin-off
KBR said its proposed Mission Technology Solutions spin-off is expected to operate as Trinzic in 2027.
