The company confirms its target of mid-single-digit annual revenue growth from 2022 to 2026 at constant exchange rates, targeting a range of EUR 27-28B, and expects to achieve an adjusted operating profit as a percentage of revenue in the range of 19%-20% by the end of that period.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESLOY:
- Meta (META) Expands AI Smart Glasses Push with $16M Audio Lab
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Meta Stock Puts $3.5B Behind Ray-Ban to See the Future of AI More Clearly
- Meta Stock Rises after Buying $3.5B Stake in EssilorLuxottica
- Meta buys $3.5B stake in smart glasses partner EssilorLuxottica, Bloomberg says