GXO Logistics Inc. said Thursday it expects to nearly double its revenue and triple its adjusted earnings by 2027 as it foresees increasing demand for its services.
In its first investor day since becoming a public company in August 2021, Greenwich, Connecticut-based GXO (NYSE: GXO) said it expects revenue to grow by 8% to 12% annually from 2021 through ’27. The company said that would leave its revenue at about $17 billion by then.
GXO expects adjusted earnings before interest, taxes,...
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