Quadient new strategic plan “Elevate to 2030” aims at delivering more than €1bn of annual subscription-related revenue and €250m of current EBIT in 2030
Quadient new strategic plan "Elevate to 2030” aims at delivering more than €1bn of annual subscription-related revenue and €250m of current EBIT in 2030 Key highlights >€1bn annual subscription-related revenue as financial ambition for 2030, a €250m+ increase vs 2023 level, and c.€250m in current EBIT, a €100m increase vs 2023 level Total revenue to reach €1.3bn in 2030 driven by double-digit growth in both Digital and Lockers and a resilient Mail automation platformAll Solutions to converge to a 20%-30% EBITDA margin range by 2030Committed to reaching a Net Zero target by 2050, in line with SBTi methodologyWith a more customer-centric platform, Quadient aims to continue to lead in Mail and win both in Digital and in Lockers with a focus on delivering sustainable and profitable recurring revenue growthFinancial guidance for the next 3-year period (2024-2026): minimum 1.5% revenue CAGR and minimum 3% current EBIT CAGR, both on an organic basisAverage capex expected at €100m per year from 2024 to 2026Further deleveraging expected with leverage ratio excluding leasing targeted at 1.5x in 2026Dividend policy maintained at minimum 20% net income payout, while considering share buybacks to return potential excess cash to shareholders "Elevate to 2030” will lead to a stronger investment proposition relying on faster long-term growth, higher profitability and a disciplined capital allocation policy over the period Paris, 19 June 2024, Quadient S.A.(Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, holds today its 2024 Capital Markets Day, during which its management unveils its new strategic plan entitled: "Elevate to 2030”, including financial guidance for the next three years as well as ambitions for 2030.
Finally, Quadient’s shareholder return policy will continue to be based on a dividend pay-out ratio of minimum 20% of net income while considering the use of excess cash to perform share buybacks, subject to value-creation criteria._________ To know more about Quadient’s news flow, previous press releases are available on our website at the following address: Appendix Digital: New name for Intelligent Communication Automation Mail: New name for Mail-Related Solutions Lockers: New name for Parcel Locker Solutions CONFERENCE CALL & WEBCAST Quadient will host its Capital Markets Day in Paris today at 9:00 am CET.
Quadient is also best positioned to support its customers with both their digital mail and parcel automation needs through effective cross-selling, allowing for an extension of the customer relationship beyond mail and an increase in revenue per customer.
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