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Parker Hannifin Unveils Five-Year Targets Through FY29 That Include 4-6% Organic Sales Growth CAGR

Benzinga ·  May 17 05:21
  • The company announced five-year targets through fiscal year 2029 that include:
    • 4-6% organic sales growth CAGR
    • 27% adjusted segment operating margin, an increase of 200 basis points from the previous target
    • 28% adjusted EBITDA margin, an increase of 300 basis points from the previous target
    • 17% free cash flow margin, an increase of 100 basis points from the previous target
    • 10%+ adjusted earnings per share CAGR
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