Chart Industries introduces medium-term financial targets through 2026

Chart Industries is hosting an Investor Day, today, November 28, 2023, at 8:00am ET to present their view of Chart Industries strategic priorities, growth strategy, and three-year financial outlook. During today’s investor day event, the Chart Industries management team will discuss how the business is poised to deliver profitable growth and free cash flow generation through a cycle. Further, the team will provide insights on how it can deliver on its record backlog, which is tied to secular growth trends such as sustainability and energy security, to drive profitable growth. Chart will introduce medium-term financial targets through 2026, including: Mid-teens Organic Revenue growth through 2026; Reported Gross Profit Margin of mid-30%’s in 2026; Double-digit Adjusted Diluted EPS growth CAGR of mid-40%’s; 95-100% Free Cash Flow Conversion. The Company also will be providing an update regarding commercial and cost synergy numbers year-to-date and expected incremental cost synergies for 2024 given further visibility into savings opportunities.