Dana announces long-term targets at capital markets day

The company said, “At today’s event, executives are outlining Dana (DAN) 2030, a long-range plan designed to accelerate profitable growth, strengthen the company’s competitive position, and generate sustainable long-term shareholder value. Dana 2030 includes: Approximately $10 billion in annual sales by 2030, representing a thirty-three percent increase compared to 2026 sales guidance. Adjusted EBITDA margins of 14 to 15 percent, reflecting 400 basis points of improvement compared to 2026 guidance driven primarily by higher margin new business, operational efficiency, structural cost actions, and disciplined investments. Adjusted free cash flow margin target of approximately 6 percent, a ~200 basis-point improvement compared to 2026 guidance. Up to $2 billion in cumulative share repurchases through 2030, building on the $765 million already completed.”