#Investor Day #Motion Technology #Timken

Timken Unveils 2028 Strategy at Investor Day

The Timken Company, a leader in advanced motion technology, recently hosted its Investor Day in New York City where executives presented an ambitious strategy aimed at driving profitable growth and enhancing shareholder value by 2028. Lucian Boldea, the company’s CEO, emphasized the commitment to optimize the firm's portfolio and leverage its global footprint effectively under a new initiative called "Elevate to Outperform."

Key Highlights

Timken laid out several pivotal financial goals as part of this presentation, including:

• - Sales Projections: The company projects between $5.0 billion and $5.2 billion in total sales by 2028, with an organic net sales CAGR in the mid-single digits.
• - EBITDA Margins: For its Industrial Motion segment, an adjusted EBITDA margin of 25% to 27% of sales is anticipated which represents a significant increase from 19% in 2025. Meanwhile, the Engineered Bearings segment is expected to achieve an adjusted EBITDA margin of 21% to 23% of sales by 2028, increasing from 18.9% in 2025.
• - Earnings Per Share: Timken aims for an adjusted earnings per share of approximately $8.50, marking a notable increase of over 55% compared to 2025 figures.

These targets reflect the company's strategic approach to enhancing efficiency and driving sustainable long-term growth.

Elevate to Outperform Strategy

Boldea elaborated on the details of the Elevate to Outperform strategy which focuses on:

• - Optimizing Portfolio: Timken plans to continuously assess and enhance its product offerings to align better with market demands and technological advancements.
• - Investment in Strategic Verticals: The company will also keep investing decisively in key growth segments such as aerospace, defense, power, and electrification, which are crucial for its long-term vision.
• - One Timken Approach: By operating cohesively across all regions, Timken seeks to leverage its diverse capabilities and drive operational excellence globally.

The overarching goal is to create value for both customers and shareholders, positioning Timken as a resilient leader in the motion technology sector.

Conclusion

As Timken moves forward with its ambitious financial targets and strategies, it remains focused on innovation and efficiency. The company's proactive measures aim to ensure that it not only meets but exceeds the expectations set for 2028. With the support of its strong multinational presence, Timken is committed to powering performance across various application lifecycles.

More information, including presentation materials and a replay of the webcast, can be accessed at Timken Investors using the passcode