Scripps Announces $150M EBITDA Target by 2028 via Enterprise Transformation (SCI)

Scripps (SCI) announced an enterprise transformation plan aiming to increase EBITDA by $150 million by 2028. The plan includes operational streamlining, IT modernization, and portfolio optimization, with a focus on reducing SG&A expenses and improving healthcare delivery efficiency. For 2025, the company projects EBITDA of $1.65 billion, up from $1.5 billion in 2024, reflecting ongoing cost discipline and productivity gains. The initiative is expected to be funded through a combination of internal cash flow and strategic debt issuance.