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DewDiligence

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DewDiligence

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Re: DewDiligence post# 25287

Friday, 02/11/2022 1:14:28 PM

Friday, February 11, 2022 1:14:28 PM

Post# of 29295
CLF—Although there is no formal 2022 guidance on (adjusted) EBITDA, during the CC LG gave a hypothetical example of $2.5B of 2022 EBITDA implying a leverage ratio (net-debt/EBITDA) of 2.0. Hence, $2.5B may be a reasonable starting point for investors to use.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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