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Rogers Corporation will outline its strategy for delivering significant revenue growth and profitability improvements at the Company’s 2023 Investor Day event which is being held today at the New York Stock Exchange. The presentations will provide the Company’s three-year strategic and financial goals including an in-depth explanation of the actions Rogers is taking to achieve its targets.
The event will be led by Colin Gouveia, Rogers’ President and CEO, and feature presentations from other members of the senior executive leadership team. Details about the event, including instructions for the webcast, are provided below.
Mr. Gouveia stated, “We are excited to share Rogers’ strategy to achieve breakthrough growth and profitability over the next several years. We are well positioned in growing, diversified markets which are driven by key secular trends. Also, we have a proven track record of developing innovative materials technology solutions and applying our applications expertise to meet our customers’ complex challenges. As we continue to leverage these capabilities, together with our dedicated focus on improving operations, will expect this to lead to significant top-line growth and bottom-line expansion.”
2025 Targets
- Revenue: $1.2B - $1.3B
- Revenue CAGR (vs 2022): 7% - 10%
- Gross Margin: 38% - 40%
- Adjusted EBITDA Margin: 24% - 26%
- Adjusted EPS: $8.50 - $9.50
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