Brief: Fagron Sees 8% Organic Revenue CAGR For Period Until 2026

Fagron NV

15/03/2022 06:11

March 15 (Reuters) - Fagron NV  FAGRO.BR :
    * FAGRON WILL OUTLINE FOLLOWING MEDIUM TERM FINANCIAL
OBJECTIVES
FOR PERIOD UNTIL 2026: 8% ORGANIC REVENUE CAGR AT CER
    * FAGRON WILL OUTLINE FOLLOWING MEDIUM TERM FINANCIAL
OBJECTIVES
FOR PERIOD UNTIL 2026: REBITDA MARGIN CONSISTENT WITH 2017-2021
AVERAGE
    * TO OUTLINE OBJECTIVES FOR PERIOD UNTIL 2026: CASH
GENERATION AND
EARNINGS CONVERSION TO REMAIN SUSTAINABLY HIGH
    * FAGRON WILL OUTLINE MEDIUM TERM FINANCIAL OBJECTIVES FOR
PERIOD
UNTIL 2026: CAPITAL ALLOCATION STRATEGY FOCUSED ON DRIVING
GROWTH OPPORTUNITIES
    * FAGRON ALSO ANNOUNCES TODAY IT WILL INVEST US$ 20 MILLION
OVER
NEXT THREE TO FIVE YEARS IN ORDER TO EXPAND ITS STERILE SERVICES
WICHITA FACILITY IN UNITED STATES

Source text for Eikon:  ID:nGNE2GGZHn 
Further company coverage:  FAGRO.BR 

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