Hain Celestial's 'Reimagined Strategy': Unveils Bold Plan To Supercharge Profits By FY27
Portfolio Pulse from Shivani Kumaresan
Hain Celestial Group Inc has announced its Hain Reimagined strategy, aiming to accelerate profitable growth. The company expects organic net sales CAGR of 3%+, adjusted EBITDA CAGR of 10%+, and adjusted EBITDA margin of 12%+ by FY27. The strategy includes a restructuring program to expand operating margins and targets $130 million - $150 million of annualized savings and a $165 million conversion of working capital cash by FY27. The company plans to focus on 5 key markets and three key platforms.
September 13, 2023 | 4:27 pm
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POSITIVE IMPACT
Hain Celestial's new strategy and restructuring program are expected to boost profits and expand operating margins. This has led to a positive market reaction with shares trading higher.
The announcement of Hain Celestial's new strategy and restructuring program is a significant development for the company. The focus on profitable growth and the targeting of key markets and platforms is likely to be viewed positively by investors, leading to an increase in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100