UMG sees adjusted compound core profit growth of more than 10% through 2028

By Thomson Reuters Sep 17, 2024 | 5:57 AM

(Reuters) – Music label Universal Music Group, home to Taylor Swift, expects a compound annual growth rate (CAGR) in its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of more than 10% through 2028.

(Reporting by Michal Aleksandrowicz in Gdansk)