Mersen – Mersen: Filing of the 2022 URD (Universal Registration Document) NEW 2027 ROADMAP

Mersen (Euronext FR0000039620 – MRN), a global expert in electrical power and advanced materials, announces that its 2022 Universal Registration Document (French version) has been released and filed in European Single Electronic Format (ESEF) with the French Markets Authority (AMF).

It is available on the company’s corporate website and the website of the AMF. The English version is available on the company’s corporate website. At the same time, Mersen is releasing its new medium-term objectives up to 2027. These new goals stem from the outperformance achieved over the past two years (especially in renewable energies) and from expected accelerating demand in semiconductors and electric vehicles. Markets for SiC semiconductors, Si semiconductors, electric vehicles and renewable energies, representing 27% of sales in 2022, are expected to generate around 45% of consolidated sales in 2027, with average annual growth of more than 20%. By 2027, as announced on March 14, 2023, the Group is aiming for:

• sales of around €1.7 billion;
• operating margin before non-recurring items of 12% of sales, which may vary by +/-50 basis points;
• recurring EBITDA margin of 19% of sales, which may vary by +/-50 basis points;
• ROCE of 13%, which may vary by +/-50 basis points.

Source
Mersen