India, Oct. 7 -- Mersen SA (CLBP.PA), a French provider of electrical power and advanced materials, Wednesday said that it has lifted its annual outlook and also reaffirmed its medium-term goals for fiscal 2029.
The company raised its outlook for fiscal 2026. It now expects organic growth of sales between 4 percent and 6 percent, higher than the earlier projection of between 2 percent and 6 percent. Annual EBITDA margin before non-recurring items is now projected between 16.0 percent and 16.5 percent, more than the earlier guidance of 16 percent, +/- 50 bps.
Looking ahead, the company also confirmed its 2029 medium-term goals of sales around 1.7 billion euros and EBITDA margin before non-recurring items of 19 percent, +/- 50 bps.
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