Darling Ingredients Projects Strong Fiscal 2026 EBITDA Driven by Diamond Green Diesel Performance
Darling Ingredients (DAR) has issued positive guidance for fiscal 2026, forecasting combined adjusted EBITDA in the range of $2.2 billion to $2.3 billion. The company attributes this outlook to robust business fundamentals and a favorable operational run rate heading into the fourth quarter. A significant driver of this performance is the company's 50/50 joint venture, Diamond Green Diesel (DGD), which reported a Q3 net income of $340.9 million. The timing benefits associated with DGD are expected to bolster Darling Ingredients' financial position through the end of the fiscal year.
Tickers: $DAR
Topics: EBITDA guidance joint venture earnings profitability
Read the full article at Seeking Alpha
Part of the story DARLING INGREDIENTS INC. - 8-K Filing (11 articles)