On Investor Day yesterday, EnerSys (NYSE:ENS) disclosed financial targets for FY27 and a 5-year CAGR.
For FY27, the company projects an adjusted operating margin of 14%-16%, adjusted EBITDA of $850 million-$950 million, and adjusted EPS of $11.00-$13.00.
Over FY23 to FY27, the company expects net sales CAGR of 8%-10%.
Dave Shaffer, President, and CEO, said, “Guided by our three strategic pillars and with our highly differentiated solutions, we are extremely well-positioned for long-term profitable growth, and we see a very bright future ahead for EnerSys.”
Last month, ENS reported Q4 FY23 revenues of $989.9 million, beating the consensus of $950.08 million, and adjusted EPS of $1.82 surpassed the consensus of $1.38. For Q1 FY24, ENS expects adjusted EPS of $1.77-$1.87.
Also Read: EnerSys Joins Hands With Verkor To Open Lithium Battery Factory In US
Price Action: ENS shares are trading lower by 0.26% at $105.54 on the last check Friday.
