Thu. 16 May 2024, 5:21pm ET
Benzinga
News, Guidance
- The company announced five-year targets through fiscal year 2029 that include:
- 4-6% organic sales growth CAGR
- 27% adjusted segment operating margin, an increase of 200 basis points from the previous target
- 28% adjusted EBITDA margin, an increase of 300 basis points from the previous target
- 17% free cash flow margin, an increase of 100 basis points from the previous target
- 10%+ adjusted earnings per share CAGR