May 20 (Reuters) - VAT GROUP AG VACN.S:
SUSTAINABLE AND PROFITABLE GROWTH PATH TO 2029 AND BEYOND CONFIRMED
NET SALES TARGET FOR 2027 UPDATED TO CHF 1.5 TO 1.7 BILLION
GUIDANCE FOR FIVE-YEAR PERIOD 2025 TO 2029: SALES GROWTH GUIDANCE OF LOW TO MID-TEENS
OUTLOOK 2025 TO 2029: AN EBITDA MARGIN BAND OF 30% TO 37% AND A FREE CASH FLOW CONVERSION OF 60% TO 70% OF EBITDA
OUTLOOK 2025 TO 2029: FREE CASH FLOW CONVERSION RATE OF 60% TO 70% OF EBITDA (PREVIOUSLY 60% TO 65%)
OUTLOOK 2025 TO 2029: CAPEX OF AROUND 5% OF GROUP SALES OVER CYCLE (PREVIOUSLY 4% TO 5%)
OUTLOOK 2025 TO 2029: RESEARCH AND DEVELOPMENT SPEND OF AROUND 5% OF GROUP SALES OVER CYCLE (PREVIOUSLY 5% TO 6%)
Source text: ID:nEQ9Ks71Sa
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