Margin Improvement

Expand or collapse all rows
Name
Type
Industry
Location
Insight
Score
Description
Source
TT Electronics
Digital strategies
Energy
United Kingdom
Margin Improvement
100
TT Electronics has committed to driving group margin improvement, aiming to reach 10% and beyond. Progress has been demonstrated with a 140-basis point improvement, indicating effective operational management and profitability enhancement efforts.
Earnings Call
Morgan Advanced Materials
Digital strategies
Real Estate
United Kingdom
Margin Improvement
99
The company plans to improve profit margins in H1 2024, building upon cost-removal efforts and offsetting the impact of inflation through pricing measures. Margin improvements will be pursued despite adverse movements in FX and certain market uncertainties.
Earnings Call - Report PDF, Half-Year Results for Period Ended 30 June 2023, Page 1
SIG
Digital strategies
Manufacturing
United Kingdom
Margin Improvement Initiatives
99
One of SIG's priorities is improving its profit margins, which involves strategic development actions like product mix enhancement and category management, aiming for higher-margin product sales. The company is also establishing and upgrading branch networks and integrating new branches strategically to capture growth.
Earnings Call - Report PDF
Big Technologies
Digital strategies
Hardware
United Kingdom
Margin Improvement
98
The company has shown a considerable improvement in their gross margin by 190 basis points to 73.3% in the first half of 2023. They intend to maintain or improve this new margin level by leveraging their scalable operating model and revenue growth synergies. Continuous margin improvement is a key focus for the bottom line.
Interim results showing gross margin increase to 73.3% for H1 2023.
Intertek Group
Digital strategies
Education
United Kingdom
Margin Improvement
97
The company targets improving operating margins with plans to return to their peak performance of 17.5% and grow beyond it. The confidence is underpinned by a proven strategy that involves tools, processes, performance span, and a disciplined portfolio strategy, emphasizing sustainability as a central component.
2023 HALF YEAR RESULTS ANNOUNCEMENT
Solutions 30 S.E.
Digital strategies
Hardware
Luxembourg
Margin Improvement
97
A central goal for Solutions 30 SE is to achieve further improvement in margins, moving closer to its medium-term objective of double-digit EBITDA margins in every country by 2024. This will be made possible by consolidating processes to boost productivity, diversifying activities, and executing an improved operational strategy.
In 2024, Solutions30 anticipates moving closer to its medium-term objective of double-digit EBITDA margins in every country.
discoverIE Group
Digital strategies
Consumer Electronics
United Kingdom
Margin Improvement
97
discoverIE aims to improve its underlying operating margin. The target has been increased to 15% over around five years, reflecting the company's ambition to build a higher quality business. This margin enhancement is expected to be achieved through efficient operational execution and strategic acquisitions.
annual report
Ströer Media
Digital strategies
Advertising
Germany
Margin Improvement
96
Enhancing profitability is a pivotal aim, with expectations of further improvement in margins for 2024. Stable CapEx and beneficial IFRS effects are predicted to contribute to over-proportionate growth in EBIT and cash flow, which will reflect improved operational efficiency.
Sections 27 and 13
Volex
Digital strategies
Advertising
United Kingdom
Margin Improvement
94
Improving the underlying operating margin is a key objective for Volex, showcasing their commitment to not only increasing revenues but also enhancing profitability through careful management of inflation and cost control.
The underlying operating margin improved to 9.3% in FY2023 from 9.1% in FY2022.
discoverIE Group
Digital strategies
Consumer Electronics
United Kingdom
Margin Improvement Target
93
The company targets an underlying operating margin of 13.5% by FY 2024/25. This goal is part of a broader ambition to further elevate the margin to 15% over the medium term, approximately five years. The strategy includes driving efficiency gains and achieving operating leverage through robust sales growth.
Annual Report, Page 8
SThree
Digital strategies
Administrative Services
United Kingdom
Margin Improvement in FY25
89
SThree anticipates a short-term tempering of margins in FY24 due to continued investment and operational expenses. However, this strategy is poised to enhance productivity and improve margins in FY25, reflecting a calculated approach to balance immediate costs with long-term profitability.
Expect margins to temper in FY24 before improving in FY25
Science in Sport
Digital strategies
Retail
United Kingdom
Margin Improvement and Cost Efficiency
88
Target EBITDA improvements and tight cash management, expecting further cost efficiencies in H2 2023 as part of an organization-wide margin improvement program initiated in Q2 2022.
Outlook and Margin Improvement Plan
Warpaint London
Digital strategies
Retail
United Kingdom
Margin Improvement Strategies
87
Warpaint London is concentrating efforts on improving gross profit margins through various strategies such as cost-effective sourcing from new production facilities, leveraging natural currency hedges, and benefiting from declining freight rates, while aiming to avoid inflationary price increases for customers.
Summary and Outlook
The Restaurant Group
Digital strategies
Food and Beverage
United Kingdom
Margin Improvement and De-Leveraging
84
A core strategic intention is to enhance EBITDA margins and reduce leverage. The company plans to deliver a notable improvement in EBITDA margins, reduce net debt to EBITDA ratio, and continue to invest in the expansion of Wagamama.
Interim Results - H1 2023 Earnings Call
Science in Sport
Digital strategies
Retail
United Kingdom
Margin Enhancement Initiative
81
Science in Sport is continuing its focus on margin enhancement which began in the first half of 2022. This organization-wide program looks to enhance margins by optimizing operations and reducing costs. It aims to improve adjusted EBITDA and increase trading contribution margins via strategic initiatives like the in-house manufacturing of bars and reviewing marketing efficiencies.
Interim results for the six months ended 30 June 2023 report and earnings call
Applus
Digital strategies
Data and Analytics
Spain
Operational Enhancement Risks
79
Margin improvements have been attributed to operational enhancements. Any failure to sustain or advance these enhancements could adversely affect profit margins.
2023 Full Year Results Announcement
Eaton
Digital strategies
Hardware
United Kingdom
Margin Improvement by 2025
78
The company focuses on improving its margins to exceed the 2025 targets. Operational excellence and efficient cost management are key strategies Eaton will employ to boost profit margins. Strong demand and effective execution are expected to contribute positively to achieving this goal.
Q4 2023 Earnings Call
Old Mutual
Digital strategies
Financial Services
South Africa
Value of New Business Margin Improvement
78
The company targets to sustain and improve the value of new business margin between 2% and 3%. Achieving this margin indicates efficiency in acquiring new business and maintaining profitability. It's an important metric that reflects the company's effectiveness in strategic product pricing and cost management.
REVISED MEDIUM-TERM TARGETS, H1 2023 outcome
Bureau Veritas Group
Digital strategies
Data and Analytics
United Kingdom
Operating Margin Improvement
77
The company intends to improve its adjusted operating margin while maintaining stable growth. This will be realized through a combination of operational efficiencies and leveraging positive market conditions at constant exchange rates.
2024 OUTLOOK from annual report
Science in Sport
Digital strategies
Retail
United Kingdom
Margin Enhancement Program
77
Science in Sport has rolled out an organization-wide margin enhancement program starting in the first half of 2022 and continuing through 2023. This includes reorganizing their Digital operations and the US business to reduce costs while still striving to improve revenue contributions from these channels.
Interim Results - Replacement
Future
Digital strategies
Apps
United States
Investment Programme for Margin Improvement
75
Future has started a two-year investment programme amounting to £25m-£30m with a goal to realize an adjusted operating margin in the range of 28-30%. This programme demonstrates the company's forward-looking approach to sustainable profitability.
Future annual reports and earnings calls
Senior
Digital strategies
Manufacturing
United Kingdom
Market Demand & Margin Improvement
75
Senior is focused on leveraging healthy market demand, as indicated by a robust book-to-bill ratio, to achieve margin improvements. The company is taking strategic steps to mitigate supply chain issues and aim for normal margin levels by 2025, aligning with financial sustainability and growth prospects.
Earnings Call Report PDF - H1 2023
Spectris
Digital strategies
Consumer Electronics
United Kingdom
Margin Expansion
75
The company is focusing on expanding its operating margins over the next few years. This plan includes leveraging the Spectris Business System (SBS) for continuous improvement culture, process simplification, and efficiency enhancements to improve productivity and contribute to increased operating margins.
Spectris annual reports and earnings calls
Huron Consulting Group
Digital strategies
Information Technology
United States
Execute on Margin Improvement Levers
74
Huron is focused on executing on its margin improvement levers to achieve enhanced profitability, including driving improved utilization, pricing, and SG&A leverage as it scales its robust global platform.
Q1 2024 Earnings Call Transcript, section 9
The Restaurant Group
Digital strategies
Food and Beverage
United Kingdom
Margin Accretion and Deleveraging
74
TRG is actively executing its medium-term margin accretion plan, targeting an Adjusted EBITDA margin improvement of 250bps to 350bps over three years. Alongside this strategy, TRG aims to achieve a net debt/Adjusted EBITDA ratio below 1.5x by the end of FY25, while supporting the accelerated investment in Wagamama openings.
Interim Results - Earnings Call
Warpaint London
Digital strategies
Retail
United Kingdom
Margin Maintenance
74
Warpaint London continues to manage supply side inflation effectively, leading to an increase in gross profit margin and maintaining this profitability through strategic currency options and cost-effective production measures.
Summary and Outlook, Interim Results for the six months ended 30 June 2023
Covestro
Digital strategies
Manufacturing
Germany
Margin Improvement and Customer Focus
73
Covestro is intensely focused on improving margins by better understanding and meeting customer needs, adjusting its sales approach, and implementing pricing strategies to capture the full value of its products.
Earnings Call Transcript, 2024, AGM 2024 - Earnings Call Transcript, section 22
General Dynamics
Digital strategies
Defence
United States
Expand Margins and Improve Operating Leverage
73
The company is focused on expanding operating margins and improving operating leverage across its business units by addressing supply chain challenges, driving productivity improvements, and optimizing program mix and execution.
Earnings Call Transcripts, PDF Reports (2023-2024)
Inchcape
Digital strategies
Retail
United Kingdom
Margin pressure
73
Inchcape faces the risk of margin pressure due to changing routes to market and incentives, which could impact its profitability. The company has identified this as a Tier 1 strategic risk.
Quarterly Report, H2 2023, page 10 Section 1
Infosys
Digital strategies
Information Technology
India
Margin Expansion Program
72
Infosys has launched a comprehensive margin expansion program called Project Maximus, which focuses on 5 key areas - pyramid efficiency, automation and AI improvements, optimizing critical portfolios, reducing indirect costs, and driving value across the portfolio. This program aims to improve operating margins in the medium term.
Earnings Call Transcript, Q4 23/24
MTU Aero Engines AG
Digital strategies
Manufacturing
Germany
Profit Margin Improvement
71
The company plans to improve its profit margins by y% by the end of 2025 through operational efficiency and cost management strategies. By streamlining processes and investing in technology, DE intends to reduce production costs and overhead, improving the bottom line.
Earnings Call Q4 2023
Rentokil Initial
Digital strategies
Healthcare
United Kingdom
Margin Expansion and Revenue Growth
71
The company seeks to deliver growth coupled with margin expansion to enhance profitability. This involves sustained strong price progression across all regions and improving customer retention. The maintenance of an Adjusted Operating Margin increase, particularly in North America (up 250bps to 18.5%) and in part through the delivery of synergies from Terminix, underpins this objective.
Financial Results
THG
Digital strategies
Retail
United Kingdom
Margin Rebuild
71
THG is focused on rebuilding margins across its Beauty, Nutrition and Ingenuity divisions, targeting a medium-term Group adjusted EBITDA margin of around 9%.
PDF Report, H2 2022, page 39, Section 1
Unilever
Digital strategies
Consumer Goods
United Kingdom
Improve Underlying Operating Margin
71
The company aims for a modest improvement in underlying operating margin, which will result from expansion in gross margin driven by an uptick in productivity. Furthermore, the net material inflation is anticipated to stabilize at more normal levels, enabling margin improvements through cost management and pricing strategies.
Hein Schumacher Outlook, Q4 and Full Year 2023 full announcement
888 Holdings
Digital strategies
Gaming
Israel
Profitability Improvement
70
The company focuses on enhancing profitability as evidenced by an adjusted EBITDA increase and a margin improvement of approximately 2.6 percentage points. These improvements are part of a concerted effort to strengthen the financial performance, despite challenging market conditions.
H1 2023 Earnings Call
DXC Technology Company
Digital strategies
Technology
United States
Margin & EBIT Expansion
70
For FY 2024, the company expects to expand its adjusted EBIT margin to be above FY23 levels but not to exceed 9.0%. Margin improvement is anticipated to come from ongoing optimization efforts, offsetting the reduced pension income, thereby enhancing profitability.
Earnings Call (Section 18)
Mitie Group
Digital strategies
Real Estate
United Kingdom
Deterioration of gross margin
70
This reflects the risks of contracts being renegotiated at lower margins, or planned cost savings not being delivered. This could impact the company's profitability.
Quarterly Report, page 32 Section 4
Spectris
Digital strategies
Consumer Electronics
United Kingdom
Margin Expansion
70
The company anticipates further margin expansion into 2024, building upon improvements realized from an adjusted operating margin increase to 14.5% in H1 2023. Strategies include operational efficiency, supply chain optimization, and leveraging the Spectris Business System to achieve their medium-term target operating margin of over 20%.
31 July 2023 – Spectris plc half year results, 31 October 2023 – Q3 trading update
Spire Healthcare Group
Digital strategies
Healthcare
United Kingdom
Margin and ROCE Improvement
70
The company is focused on improving profit margins and Return on Capital Employed (ROCE). This will be achieved by optimizing top-line growth, cost management, and making selective capital investments. Specific goals include maintaining an upward trajectory in profit before tax and adjusted EBIT.
Operating review and Financial and operating highlights section in H1 23 earnings call
Starwood European Real Estate Finance
Digital strategies
Real Estate
United Kingdom
Enhance Returns
70
The company retains the ability to enhance returns for selected loan investments. This could involve the economic transfer of the most senior portions of these investments, expected to generate a positive net interest rate spread and subsequently increase returns for the company.
Page 4, Principal Activities and Investment Objective
Barratt Developments
Digital strategies
Real Estate
United Kingdom
Gross Margin Management
69
The company is focused on managing a decrease in adjusted gross margin, which has seen a 170 bps decrease to 23.3% in the first half of the financial year. This involves adjusting the cost base to match market activity.
Earnings Call - Report PDF
Melrose Industries
Digital strategies
Manufacturing
United Kingdom
Margin Expansion
69
Melrose is targeting 17-18% operating margins for the Aerospace division by 2025, with a clear path to achieve this through growth initiatives, business improvements, and restructuring.
2023 H2 PDF Report, pages 12, 17
Record
Digital strategies
Financial Services
United Kingdom
Operating Margin Improvement
69
The company is working towards enhancing its operating margin, which serves as a key indicator of management efficiency and overall profitability. The target is to reach an operating margin of approximately 40% by the fiscal year 2025.
growth of operating margin to approximately 40% by FY-25
Experian
Digital strategies
Data and Analytics
Ireland
Benchmark EBIT Margin Expansion
68
The company is working towards a modest improvement in its Benchmark EBIT margin. By enhancing operational efficiency and maintaining cost control, Experian expects to strengthen its profitability. The performance indicator for this objective will be the incremental growth in the Benchmark EBIT margin percentage, as the company pushes for optimal financial performance.
news release, 17 May 2023; Benchmark and Statutory financial highlights 2023
IONOS
Digital strategies
Internet Services
France
Midterm Margin Development
68
The company maintains a positive outlook for its midterm margin development and reiterates its guidance of achieving a 20% plus margin in the upcoming years. This will be bolstered by the firm's strong technology platform and economies of scale.
Earnings Call Section 47
Marks & Spencer
Digital strategies
Retail
United Kingdom
Improving Operating Margins
68
The company is focusing on improving operating margins as a strategic priority. This requires disciplined investment decisions and cost management to ensure profitability. Marks & Spencer will focus on streamlining operations and possibly leveraging technology to reach this goal.
STRATEGIC REPORT
Metro Bank
Digital strategies
Financial Services
United Kingdom
Balance Sheet Optimization
68
Actively manage the balance sheet to optimize for risk-adjusted returns on capital, including through securitizations, forward flow agreements, and optimizing the capital stack.
PDF Report, page 18 Section 1, 2022
RENK
Digital strategies
Manufacturing
Germany
Segment Adjustment
68
Due to a change in management and progress with the Equity Offering process, RENK implemented a new steering key performance indicator, adjusted EBIT, to enhance the accuracy and relevance of management reporting and segment performance tracking.
20240131_RENK_Holding_FS Q3-2023_englisch_Update
Smiths Group
Digital strategies
Consumer Electronics
United Kingdom
Margin Expansion
68
In pursuit of improved profitability, Smiths Group anticipates continued margin expansion in FY2024. The strategy involves advancing the Smiths Excellence System (SES), which emphasizes operational efficiency and scale, and reinvesting in areas that bolster future sustainable growth.
FY2023 Full Year Results Press Release; Q3 Trading Update FY2023
B&M European Value Retail S.A.
Digital strategies
Retail
Luxembourg
Improved Profit Margins
67
Management aims to better trading gross margins by focusing on strong sell-through for key merchandise categories and maintaining robust stock discipline. Efforts in H2 FY23 to control markdowns have shown improvements in gross margin, a trend they plan to continue.
CEO's statement FY23 and earnings call information
BH Macro
Digital strategies
Financial Services
Guernsey
Leverage Risk
67
Utilization of leverage in investment strategies can amplify losses as well as gains. BH Macro Limited's use of borrowing could therefore increase volatility and risk of loss.
Annual Report
Bankinter
Digital strategies
Financial Services
Spain
Maintain Resilient Client Margin
67
Bankinter plans to maintain a resilient client margin in 2024 and 2025 by shortening the duration of new deposit production and reducing front book deposit pricing below back book levels. This will help offset any potential pressure on deposit costs. The key metric will be the net interest margin.
Earnings Call Transcript, Q4 2023, section 33
Temenos
Digital strategies
Apps
Switzerland
Small Quarter Impacts
67
In a small quarter, any deal slippage or miss can have a more pronounced impact on Temenos' financial results, especially after a very strong prior quarter. This is an operational risk for Temenos.
Earnings Call Transcript, Q1 2024, section 17
Aon
Digital strategies
Financial Services
United Kingdom
Adjusted Operating Margin Expansion
66
The company intends to expand its adjusted operating margin over the long term, leveraging restructuring savings and ongoing cost discipline. This will involve optimizing operational processes and strategically investing in growth initiatives.
Earnings Call
CURO
Digital strategies
Manufacturing
South Korea
Improve Net Interest Margin to 26-28%
66
CURO targets improving its net interest margin, excluding recourse interest expense, to 26-28% by 2024. This will be achieved through a continued focus on higher-yielding secured lending products, reducing net charge-offs, and optimizing its funding sources. Key metrics include net interest margin post charge-offs, direct lending net interest margin, and Canada POS net interest margin.
PDF Report, Q4 2023 - PDF Report, page 13
ConvaTec Group
Digital strategies
Healthcare
United Kingdom
Expanding Operating Margin
66
The company is working on expanding its operating margin by improving the mix of profitability across categories, achieving stronger pricing, and driving increased productivity to offset cost of goods sold (COGS) inflation.
H1'23 draft RNS (final)
FIS
Digital strategies
Financial Services
United States
Expand Margins
66
FIS plans to expand its adjusted EBITDA margins by 20-40 basis points in 2024 and 40-60 basis points annually in 2025/2026. This will be achieved through operational efficiency, cost savings from the Future Forward program, and operating leverage. Key metrics include adjusted EBITDA margin and cost savings.
Earnings Call Transcript, Investor Day 2024 - PDF Report
Fevertree Drinks
Digital strategies
Food and Beverage
United Kingdom
Margin Improvement and Profitable Growth
66
Fevertree Drinks aims to improve their margins significantly by 2024, leveraging the stabilization of inflationary pressures and the cost-cutting measures taken in 2023. The company is confident in delivering significant margin improvements which will facilitate strong, sustainable and profitable growth. They expect a robust EBITDA margin of approximately 15%, surpassing current market expectations.
We are making good progress with the mitigation of inflationary cost challenges and are reiterating our gross margin guidance of 31% to 33% for FY23...Looking ahead to 2024, due to a combination of softening inflationary headwinds and the benefit of the actions we are taking this year, we are confident of delivering significant margin improvement, setting up the Group for strong, profitable growth going forward.
Glanbia
Digital strategies
Food and Beverage
Ireland
Margin Improvement
66
Glanbia plans to enhance EBITA margins across its divisions, with expectations for GPN's EBITA margins to be between 14.0% and 14.5%, and Glanbia Nutritionals (GN) Nutritional Solutions to improve to between 12% and 13%. These improvements are anticipated from pricing actions, operational performance, and supply chain optimizations.
2023 Interim Management Statement
Knaus Tabbert
Digital strategies
Manufacturing
Germany
Adjusted EBITDA Margin Improvement
66
The company intends to improve its adjusted EBITDA margin, with forecasts for the financial year indicating a strengthening performance in this area. Management plans to exceed a 10% margin in the medium term, demonstrating a commitment to enhancing profitability through economies of scale and careful cost management.
annual reports and earnings calls information
Marlowe
Digital strategies
Technology
United Kingdom
Operational Efficiency Risk
66
Marlowe relies on continuous operational improvement for margin growth. There is a risk that inefficiencies, increased costs, or failure in cost control measures could affect profitability.
FY23 results, Section 5
Societe BIC
Digital strategies
Advertising
France
Adjusted EBIT Margin Improvement
66
BIC is working towards an approximately 150 basis points (bps) improvement from the 2022 level of 14.0% in its adjusted EBIT margin by 2025. This financial metric illustrates the company's focus on profitability and operational efficiency to drive sustainable, profitable growth.
2023 Investor Update
XP Power
Digital strategies
Financial Services
United States
Profitability Improvements
66
The company seeks to improve profitability through various strategic measures, including cost reduction, cash conservation, and optimizing operations. Enhancing profitability remains a cornerstone, despite short-term challenges such as weaker market demands and shipment deferrals.
Earnings Call - Report PDF
Axos Financial
Digital strategies
Financial Services
United States
Maintain Net Interest Margin in the Range of 4.25% to 4.35%
65
Axos Financial aims to maintain its net interest margin in the range of 4.25% to 4.35% over the next few quarters. This target reflects the company's ability to reprice loans higher and manage its deposit costs, while also assuming a relatively stable deposit base from its Axos Advisory Services business. Maintaining a strong net interest margin will be a key driver of Axos' profitability and earnings growth.
Earnings Call Transcript Q1 2024, section 19
Bakkavor Group
Digital strategies
Food and Beverage
United Kingdom
Debt and Leverage Improvement
65
By managing cash effectively and prioritizing productivity investments, the company intends to continue its trend of reducing debt and improving its leverage ratios.
summarized content provided
Deutsche Bank
Digital strategies
Financial Services
Germany
Improve Capital Efficiency
65
The bank aims to free up €15 to 20 billion in risk weighted assets from reductions in certain low return lending and mortgage portfolios, greater utilization of securitization, and hedging optimization. These measures are expected to have minimal revenue impact but will enable the group to increase returns and support capital distributions.
Quarterly Report Q1 2023, page 6 Section 2
General Dynamics
Digital strategies
Defence
United States
Margin Pressure from Program Mix
65
General Dynamics faces risks of margin pressure due to the mix of its business, with the IT services side typically having lower margins than the hardware side. The company has seen margin contraction as new start programs with lower margins replace legacy higher margin contracts.
Earnings Call Transcript, Q1 2023, section 24
Headlam Group
Digital strategies
Consumer Goods
United Kingdom
Profit Improvement & Market Position
65
Headlam is working on initiatives that will leverage high operational gearing to improve profits in the medium term. Despite current market headwinds, the company expects volumes to significantly improve over the coming years, with these strategic initiatives maturing to expand market presence and increase revenue streams.
Current trading and outlook section
JTC
Digital strategies
Financial Services
Jersey
Return on Capital and Margin Enhancement
65
JTC prioritizes return on capital and is focused on enhancing its EBITDA margin through disciplined investments. They underscore the importance of capital allocation to support client relationships and improve margins as key to the company's long-term financial health.
Interim results for the period ended 30 June 2023
Levi Strauss & Co.
Digital strategies
Retail
USA
Gross Margin Improvement
65
Levi Strauss aims to enhance gross margin by capitalizing on lower product costs and adjusting its operations. The company anticipates an improvement in its gross margin percentage, aspiring to reach a target of 60% by progressing on this path.
mentions of gross margin targets in Q2 and Q4 2023 financial results
Mears Group
Digital strategies
Real Estate
United States
To deliver a continued improvement in operating margin to 5% over the medium term
65
Mears is highly selective and disciplined when securing new work opportunities and continues to target an operating margin (pre-IFRS 16) of 5% over the medium term. They anticipate the business will continue to deliver strong free cash flows, providing the Board flexibility when considering its capital allocation priorities.
Quarterly Report 2023, Q2, page 4 Section 3
Melrose Industries
Digital strategies
Manufacturing
United Kingdom
Finance Cost Risk
65
Melrose Industries is exposed to finance cost risk as the interest rates on its debt are variable and subject to market fluctuations. The company uses financial derivatives to fix a portion of its interest rate exposure to manage this risk.
Quarterly Report, H2 2022, page 25 Section 2
Mitsubishi UFJ Financial Group
Digital strategies
Financial Services
Japan
Improve Balance Sheet Profitability
65
Mitsubishi UFJ Financial Group aims to improve the profitability of its balance sheet by optimizing its balance sheet, growing its institutional finance business, and increasing underwriting and sales fees in project finance. It also plans to grow its cross-selling of foreign exchange and derivatives products.
Earnings Call Transcript, 2024-07-17
Netflix
Digital strategies
Digital Entertainment
United States
Improve Profitability
65
Expand operating margins by balancing investment in growth initiatives with disciplined cost management, while maintaining a healthy balance sheet and returning excess cash to shareholders.
Quarterly Report Q4 2023, Earnings Call Transcript Q4 2023
Watches of Switzerland Group
Digital strategies
Real Estate
United Kingdom
EBIT Margin Maintenance
65
For FY24, the company has set a goal to maintain its adjusted EBIT margin percentage in line with the previous year. This will involve managing headwinds from interest-free credit and product mix while driving sales and operational leverage in an inflationary environment.
Earnings Call - Report PDF, 17 May 2023
Wolter Kluwer
Digital strategies
Finance
The Netherlands
Improve Adjusted Operating Profit Margin
65
The expectation is to witness a modest improvement in the adjusted operating profit margin, primarily in the latter half of the year. Investments made will likely drive this increase, enhancing profitability through improved operational efficiency and cost management.
Wolters Kluwer 2023 Full-Year Results
Alignment Healthcare
Digital strategies
Healthcare
United States
Improve Medical Benefits Ratio (MBR) in 2025
64
Alignment Healthcare is focused on improving its Medical Benefits Ratio (MBR) in 2025 through continued clinical and operational initiatives to manage medical costs. The company expects to benefit from tailwinds in star ratings and risk adjustment that will allow it to maintain or increase product richness while improving profitability. Alignment aims to leverage its scale and operating leverage to drive MBR improvement.
Earnings Call Transcript, 2024 Q1, 2024 Q2
Aston Martin Lagonda Global Holdings
Digital strategies
Automotive
United Kingdom
Product Delivery and Margin Risks
64
Risks related to product launch delays and meeting gross margin targets are critical. These include the ability to deliver new models like the Valkyrie Spyder and DBR22, which are expected to contribute positively to gross margins, particularly in Q4.
Q3 2023 Earnings Call
BH Macro
Digital strategies
Financial Services
Guernsey
Liquidity Management
64
Maintaining adequate liquidity to meet investment obligations and capitalize on new investment opportunities as they arise is another strategic priority set out by the board and CEO of BH Macro Limited.
Earnings Call Transcript
BH Macro
Digital strategies
Financial Services
Guernsey
Improved Risk Management
64
BH Macro Limited is dedicated to strengthening its risk management framework. By 2024, it aims to implement advanced analytical tools and processes to mitigate potential risks, thereby protecting investors' capital and optimizing the risk-reward profile of its investment portfolio.
BH Macro Limited Annual Report & Earnings Call
Biogen
Digital strategies
Biotechnology
United States
Expand Operating Margins by Mid-Single Digit Percentage Points in 2024 vs 2023
64
In addition to growing operating income, Biogen expects to expand its operating margins by mid-single digit percentage points in 2024 compared to 2023. This margin expansion is expected to be driven by the same factors as the operating income growth, including improved cost of sales and lower operating expenses.
Earnings Call Transcript, Q4 2023, Section 19
Continental
Digital strategies
Commerce and Shopping
Germany
Margin pressure from market dynamics
64
Continental faces margin pressure due to declining light vehicle production, particularly in Europe, as well as the phasing out of analog products faster than anticipated. This poses a business risk as the company needs to adapt its footprint and R&D to changing market conditions.
Earnings Call Transcript, 2023, section 6
Headlam Group
Digital strategies
Consumer Goods
United Kingdom
Cost Mitigation & Margin Support
64
The company is undertaking mitigating actions to support margins and profit performance, which include renegotiating energy contracts, leveraging energy-efficient solutions like solar panel installations, and deploying dynamic route planning and transport centralization to reduce costs.
Chief Financial Officer’s Review section
IDOX
Digital strategies
Information Technology
United Kingdom
Adjusted EBITDA Margin Improvement
64
The group aspires to progress towards a 35% adjusted EBITDA margin over the medium term by driving efficiencies and acquiring higher-margin businesses, despite a short-term margin reduction following recent acquisitions.
H2 2023 Earnings Call
Infineon Technologies
Digital strategies
Consumer Electronics
Germany
Segment Result Margin
64
Infineon has set a target segment result margin of 25% through the cycle. This reflects the company's ambition to increase profitability and create more value for its customers, shareholders, and society.
PDF Report Q2 2024, page 5
Kimberly Clark
Digital strategies
Healthcare
United States
Optimize Margin Structure
64
Kimberly-Clark plans to modernize its supply chain and implement an integrated margin management approach to generate over $3 billion in gross productivity savings over the next several years. This will be achieved through value stream simplification, network optimization, and digital automation. The company also expects to generate approximately $500 million in working capital savings. These initiatives are expected to help fund growth investments and drive consistent, durable margin expansion.
Earnings Call Transcript, 2024, Investor Day
Marston's
Digital strategies
Commerce and Shopping
United States
Debt Reduction
64
The management consistently works on strengthening the balance sheet through strategic debt reduction. Marston's aims to maintain a prudent level of leverage, which facilitates financial flexibility and enables sustained investment in business growth.
Marston's Annual Report
ModivCare
Digital strategies
Health Care
United States
Optimize Cost Structure and Margin Stability
64
ModivCare is focused on centralizing, standardizing, and automating its operations to maintain adjusted EBITDA margin targets of 10-12% while continuing to invest in growth. This includes initiatives to drive efficiencies, align incentives, and strengthen core capabilities.
2023 Q3 Earnings Call Transcript
Societe BIC
Digital strategies
Advertising
France
Operational Efficiency and Margin Enhancement
64
By capturing geographic expansion opportunities and leveraging successful product launches, BIC plans to continue improving their operational efficiencies. This strategy is intended to sustain and enhance margins and maximize free cash flow, reflecting a disciplined execution agenda.
2024 Q4 Report
Tenable
Digital strategies
Information Technology
United States
Expand Operating Margin
64
Tenable plans to continue expanding its operating margins by leveraging its market leadership, large customer base, and broad exposure management platform. This will involve optimizing sales and marketing spend, driving efficiencies in cloud infrastructure costs, and scaling general and administrative expenses. Key metrics to track include non-GAAP operating income, non-GAAP operating margin, and sales and marketing expense as a percentage of revenue.
Earnings Call Transcript Q4 2023, section 14
A. O. Smith
Digital strategies
Energy
United States
Expand Rest of World Margins by ~400 bps
63
A. O. Smith aims to expand its Rest of World segment margins by approximately 400 basis points compared to the 2023 forecast of 10%. This margin expansion will be achieved through growth in higher-margin product categories, geographic expansion, and continued focus on operational efficiency.
2023 Investor Day Presentation, page 21
Citizens Bank
Digital strategies
Financial Services
United States
Balance Sheet Optimization (BSO)
63
Citizens is executing a BSO plan to further strengthen its capital and liquidity position, including running off a $14 billion non-core portfolio of indirect auto and purchased consumer loans, reducing wholesale funding, and focusing on low-cost consumer deposit growth. This will improve the bank's funding mix and drive higher returns.
2023 Q2 PDF Report, page 21
Entain
Digital strategies
Gaming
United Kingdom
Margin Expansion
63
Entain aims to drive margin expansion through scale and operational leverage. This includes improving its cost structure, leveraging its scalable business model and state-of-the-art technology, as well as integrating its platform to increase online profitability and reach its target of 30% online EBITDA margin by 2028.
Annual Report 2023, PDF Report H1 2023
IONOS
Digital strategies
Internet Services
France
Adjusted EBITDA Margin Improvement
63
The driver behind the long-term financial strategy is an improvement in adjusted EBITDA margin. The company confirms an expected increase to at least 27% in 2023, reflective of its robust business model and commitment to optimizing cost structures.
Half-year Financial Report 2023, Page 5
Lendinvest
Digital strategies
Commerce and Shopping
United Kingdom
Boost Adjusted EBITDA
63
With aspirations to grow adjusted EBITDA from 3x to 5x, LendInvest is poised to enhance their earnings before interest, taxes, depreciation, and amortization adjusted for certain factors, thereby seeking to improve overall financial health and investment attractiveness.
Earnings Call - H1 2023
Marlowe
Digital strategies
Technology
United Kingdom
Financial Discipline
63
Marlowe is committed to maintaining sufficient facilities and headroom to ensure capital is ready for deployment in alignment with strategic opportunities. They emphasize a disciplined approach to managing costs and leveraging positions, and they see selective execution upon acquisition opportunities as integral to their financial strategy.
Earnings Call
Metro Bank
Digital strategies
Financial Services
United Kingdom
Deposit Growth
63
Increase the share of low-cost, high-quality deposits and manage down the cost of deposits to support profitability and returns.
PDF Report, page 16 Section 1, 2023
Nagarro SE
Digital strategies
Information Technology
Germany
Adjusted EBITDA Margin Improvement
63
Nagarro has committed to pushing towards an 18% adjusted EBITDA margin by 2026. This involves managing costs, enhancing operational efficiencies, and scaling profitable segments of the business.
Earnings Call - Q3 2023
Science in Sport
Digital strategies
Retail
United Kingdom
Operational Cost Management Risk
63
The company is implementing a margin improvement programme to enhance EBITDA. There are inherent risks in managing operational costs effectively while maintaining product quality and customer service standards during such margin improvement initiatives.
Science in Sport Annual Report & Earnings Call Information
The Berkeley Group Holdings
Digital strategies
Real Estate
United Kingdom
Cash Flow & Margin Focus
63
In the face of uncertain times, Berkeley has adopted a clear strategy focusing on realizing forward sales, matching supply to demand, enhancing value in existing landholdings and pipeline sites, protecting operating margins, and prioritizing cash generation over the income statement to ensure resilience and financial strength.
30th April 2023 Full Year Results Announcement