sur MERSEN (EPA:MRN)
Mersen Updates Financial Targets at Capital Market Day
Mersen, a global leader in electrical power and advanced materials, held its Capital Market Day in Paris. The company has transformed into a more profitable and cash-generating enterprise while positioning itself in energy transition markets. Despite a temporary slowdown in the electric vehicle and SiC semiconductors sectors, Mersen's other markets remain robust.
Mersen confirmed that its medium-term financial targets, initially set for 2027, will now be achieved by 2029. These include a sales target of €1.7 billion, an operating margin of 12%, and an EBITDA margin of 19%. The company also aims for a ROCE of 13%.
CEO Luc Themelin highlighted that 2025 will be a transition year but expressed confidence in the company's growth trajectory, supported by its global expertise in electrical specialties and advanced materials.
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