other material
confidence high
sentiment positive
materiality 0.65
Cabot unveils 'Creating for Tomorrow' strategy, targets 8-12% adjusted EPS CAGR over 3 years
CABOT CORP
- New growth strategy 'Creating for Tomorrow' focused on three pillars: Grow, Innovate, Optimize.
- 3-year financial targets: Adjusted EPS CAGR of 8-12%, cumulative discretionary free cash flow of $1B.
- Segment targets: Reinforcement Materials volume CAGR 2-3%, EBIT CAGR 5-9%; Performance Chemicals volume CAGR 9-11%, EBIT CAGR 12-15%.
- Plans to invest in higher growth vectors such as Battery Materials and Inkjet with new capacity.