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Vertiv (VRT) executives said on the company’s earnings call: “Another strong quarter for adjusted free cash flow as we generated $265M, $164M higher than last year, and that drove a free cash flow conversion of over 100%. We experienced strong collections at the end of the quarter with a good portion of that accelerated a few weeks from Q2 which does create a potential headwind. for next quarter. We expect free cash flow for the first half of 2025 to be roughly consistent with the first half of 2024.”
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