Diebold Nixdorf Inc. provided financial guidance for fiscal years 2020 and 2021 and affirmed its 2019 outlook.
The North Canton, Ohio-based company expects full-year revenue of between $4.2 billion and $4.3 billion in 2020 and adjusted EBITDA in the range of $430 million to $470 million. The company expects net cash provided by operating activities between $170 million and $200 million.
For 2021, Diebold Nixdorf targets full-year revenue growth around the low end of the range of 2% to 4%. It targets an adjusted EBITDA margin in excess of 12% and free cash flow greater than $200 million.
In addition, the company reaffirmed its full-year 2019 outlook for total revenue of about $4.4 billion and adjusted EBITDA between $400 million and $410 million.