2023-04-04 08:51:40 ET
Donaldson ( NYSE: DCI ) unveiled long-range financial targets at its Investor Day on Tuesday, with a goal of $3.8B-$4.3B in total sales for FY 2026 and 4%-8% compound annual growth rate during 2023-26.
By segment, Donaldson ( DCI ) sees total mobile solutions sales of $2.3B-$2.6B in 2026, industrial solutions sales of $1.1B-$1.2B, and life sciences sales of $430M-$470M.
The company also targets operating margin of 15.6%-16.4% and incremental margin of 20%-24% over the 2023-26 period.
Donaldson ( DCI ) recently reported Q2 adjusted earnings of $0.75/share on revenues of $828M, and forecast FY 2023 adjusted EPS of $2.97-$3.07 .
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Donaldson eyes up to $4.3B in total annual sales by 2026