ResMed Unveils 2030 Strategy To Drive Growth, Profitability, And Shareholder Returns; New 5-Year Outlook Includes High-Single-Digit Revenue Growth; Earnings Growth Higher Than Revenue Growth
Portfolio Pulse from Benzinga Newsdesk
ResMed has unveiled its 2030 Strategy, focusing on high-single-digit revenue growth and earnings growth higher than revenue growth. The strategy includes expanding its core sleep apnea franchise, capitalizing on broader sleep health opportunities, and investing in R&D for a digital health ecosystem. ResMed aims to maintain strong financial performance and deliver significant shareholder value.
September 30, 2024 | 8:09 pm
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ResMed's 2030 Strategy aims for high-single-digit revenue growth and higher earnings growth, focusing on its sleep apnea franchise and digital health ecosystem. This strategy is expected to enhance shareholder value.
ResMed's new strategy focuses on expanding its core sleep apnea business and investing in digital health, which are expected to drive revenue and earnings growth. The company's strong financial position and strategic focus on innovation and market opportunities suggest a positive impact on its stock price.
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