JOST Presents Growth Strategy and 2030 Ambitions

JOST Werke SE, a leader in safety systems for commercial vehicles, unveiled its growth strategy and 2030 goals at the Capital Markets Day in Neu-Isenburg, Germany. The company aims to become the top supplier for on- and off-highway commercial vehicles globally.

The firm targets sales exceeding EUR 2 billion by 2030, an average annual growth of 7%. Profitability is set to improve with an adjusted EBIT margin goal of 10.0% to 12.0%. Shareholder value is expected to rise, with adjusted EPS projected to reach EUR 10 per share by 2030.

Key drivers include technological advancements, geographic expansion, and a growing share of services. JOST plans to leverage cross-selling opportunities and acquisitions to fuel its growth.

The company foresees significant benefits from industry trends like automation and electrification, providing more sales opportunities. It also aims to stay resilient through a balanced product mix and efficient global operations.

JOST also announced specific financial targets, such as maintaining leverage between 1.0x and 2.0x adjusted EBITDA and achieving a ROCE of 18% or higher.