EnerSys Hosts 2023 Investor Day

EnerSys

READING, PAEnerSys (NYSE: ENS) hosted its 2023 Investor Day at the New York Stock Exchange on Thursday, June 15, 2023.

President and CEO Dave Shaffer, EVP and CFO Andi Funk, and other members of the executive management team presented a detailed overview of the Company’s strategy and drivers to innovate, optimize, and accelerate the business, as well as the Company’s priorities for sustainability and capital allocation.

Additionally, the Company introduced its fiscal 2027 financial targets as follows:

CAGR from FY’23 to FY’27

Net sales growth

8% to 10%

Fiscal year ending 3/31/2027

Adjusted Operating Margin

14% to 16%

Adjusted EBITDA

$850M to $950M

Adjusted EPS

$11.00 to $13.00

“We are excited to share an update on our strategic vision and long-term objectives,” said Dave Shaffer, President and CEO. “As a leading provider of energy storage solutions, EnerSys plays a critical role in the global electrification megatrend. Guided by our three strategic pillars and with our highly differentiated solutions, we are extremely well-positioned for long-term profitable growth, and we see a very bright future ahead for EnerSys.”

A replay of the event can be accessed through the Events and Presentations page of the Investor Relations section of the company’s website at https://investor.enersys.com/events-presentations.

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