other material
confidence high
sentiment positive
materiality 0.60
Apogee sets three-year targets: ROIC >12%, op margin >10%, revenue growth >1.2x market
APOGEE ENTERPRISES, INC.
- New three-year financial targets: ROIC >12%, operating margin >10%, revenue growth >1.2x non-residential construction market.
- Strategy based on three pillars: economic leadership in target markets, active portfolio management to improve margins/ROIC, strengthening core capabilities.
- CEO Ty Silberhorn says roadmap delivers profitable growth; Investor Day webcast held Nov 30, 2021.