Brief: ESI Targets Adj. 2024 EBIT Growth Of Over 20%

ESI SA

05/10/2021 07:09

Oct 5 (Reuters) - ESI Group SA  ESIG.PA :
    * ESI 3-YEAR STRATEGIC PLAN “ONEESI 2024 – FOCUS TO GROW”
    * 3-YEAR PLAN EXPECTED TO DRIVE A HIGH SINGLE DIGIT GROWTH AND AN ADJUSTED
EBIT TO
EXCEED 20%
    * EXPECTS TO CONTINUE WITH THIS TRAJECTORY, ESTIMATING A FURTHER REDUCTION
IN
HEADCOUNT OF APPROXIMATELY 5% BY DEC 2022 AND THEN A STABILIZATION OF HEADCOUNT
    * THIS REORGANIZATION WILL BE IMPLEMENTED IN VARIOUS REGIONS OF GROUP IN
ACCORDANCE WITH LEGAL RULES APPLICABLE TO EACH OF THEM
    * ANNOUNCES ITS 2024 FINANCIAL OBJECTIVES
    * EYES AN ADJUSTED 2024 EBIT TO EXCEED 20%
    * AMBITIONS 2024: HIGH SINGLE DIGIT GROWTH
    * AMBITIONS 2023: REVENUE  (ADJUSTED FOR  SPECIAL PROJECTS) GROWTH OF 6% -
8%
    * EYES AN ADJUSTED 2022 EBIT GROWTH IN RANGE OF 10-12%
    * EYES 2022 REVENUE GROWTH IN RANGE OF 4-6%
    * AMBITIONS 2023: ADJUSTED EBIT GROWTH OF 15% - 17%

Source text for Eikon:  ID:nBwGb1gDa 
Further company coverage:  ESIG.PA 

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