{"id":745041,"date":"2023-04-04T08:21:50","date_gmt":"2023-04-04T12:21:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/donaldson-company-hosts-2023-investor-day-unveils-2026-financial-targets\/"},"modified":"2023-04-04T08:21:50","modified_gmt":"2023-04-04T12:21:50","slug":"donaldson-company-hosts-2023-investor-day-unveils-2026-financial-targets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/donaldson-company-hosts-2023-investor-day-unveils-2026-financial-targets\/","title":{"rendered":"Donaldson Company Hosts 2023 Investor Day, Unveils 2026 Financial Targets"},"content":{"rendered":"

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Donaldson Company Hosts 2023 Investor Day, Unveils 2026 Financial Targets<\/b><\/p>\n

MINNEAPOLIS–(BUSINESS WIRE<\/a>)–
\nDonaldson Company, Inc. (NYSE: DCI) will host an Investor Day in Bloomington, MN today, Tuesday, April 4, 2023 at 8:00 a.m. C.T. to provide an in-depth review of the company\u2019s strategy, growth drivers, and financial objectives, as well as key initiatives related to innovation and ESG. The event will feature presentations and question and answer sessions with the Company\u2019s senior leadership team.<\/p>\n

\n\u201cIt is an exciting time at Donaldson Company and we look forward to sharing our strategic vision and long-term financial objectives,\u201d said Tod Carpenter, chairman, president and chief executive officer. \u201cOur balanced growth strategy, focused on strengthening our leadership in legacy markets and expanding across new markets, including life sciences, keeps us in an excellent position to solve the world\u2019s most pressing filtration challenges while driving long-term profitable growth and creating value for our stakeholders.\u201d<\/p>\n

\nDonaldson expects execution of its strategic priorities to deliver profitable growth and the following long-term financial targets:<\/p>\n

Fiscal 2026 Financial Targets<\/span><\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n
\n\nSales Range<\/b><\/td>\n\n3-year CAGR from Fiscal 2023
Guidance Mid-Point<\/b><\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Total Mobile Solutions Segment<\/td>\n\n$2.3 billion to $2.6 billion<\/td>\n\n2% to 6%<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Total Industrial Solutions Segment<\/td>\n\n$1.1 billion to $1.2 billion<\/td>\n\n4% to 8%<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Total Life Sciences Segment<\/td>\n\n$430 million to $470 million<\/td>\n\n18% to 22%<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Total Company<\/b><\/td>\n\n$3.8 billion to $4.3 billion<\/b><\/td>\n\n4% to 8%<\/b><\/td>\n<\/tr>\n<\/table>\n