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Ok, that's a screen shot of a PDF, I guess.
First you should understand that a PDF doesn't really contain spaces at all in many cases - just words, some of which are further apart. So converting text -> PDF -> text cannot be expected to do a perfect job (and PDF is a terrible way to distribute text for reuse).
I don't know what you get in Excel, but Acrobat's probably doing the best it can.
Though we should ask, in case it can be improved:
- which version of Adobe Acrobat (or Adobe Reader) are you using?
- how do you convert to Excel (step by step)?
The PDF doesn't look like an excel file unless it’s a CVS file.
In that cits either Comma separated or Tabb separate file. In that case you might get what you are getting.
If an Excel file in a xlsx file format is turned into a PDF. And then turned back into a PDF by choosing:
Save As Other > Spreadsheet > Excel Workbook. It will pretty much revert complete Excel Format that looks like the original. You might have to do minor formatting but it will look like an original.