Plug Power Unveils Five-Year Plan Targeting $1 Billion of Revenue by 2024
GlobeNewswire•September 18, 2019
LATHAM, N.Y., Sept. 18, 2019 (GLOBE NEWSWIRE) -- [u]Plug Power Inc.[/u] (PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, has rolled out a new five-year plan that will position the company to deliver on an annual basis by 2024 $1 billion of revenue, $170 million of operating income, and $200 million of adjusted EBITDA. The plan is being presented today during the 2019 Plug Power Symposium in Latham, NY. The majority of the revenue growth is expected to come from material handling industry, the Company’s core market, with increasing contribution from on-road and stationary markets. Operating margin and adjusted EBITDA margin expansion reflects underlying operating leverage in the business model with potential for upside from the multiple potential strategic moves in the hydrogen generation business.
...
https://finance.yahoo.com/news/plug-powe...s-KbDMTIRN
![[Bild: chart.ashx?t=PLUG&ty=c&ta=1&p=d&s=l]](https://www.finviz.com/chart.ashx?t=PLUG&ty=c&ta=1&p=d&s=l)
GlobeNewswire•September 18, 2019
LATHAM, N.Y., Sept. 18, 2019 (GLOBE NEWSWIRE) -- [u]Plug Power Inc.[/u] (PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, has rolled out a new five-year plan that will position the company to deliver on an annual basis by 2024 $1 billion of revenue, $170 million of operating income, and $200 million of adjusted EBITDA. The plan is being presented today during the 2019 Plug Power Symposium in Latham, NY. The majority of the revenue growth is expected to come from material handling industry, the Company’s core market, with increasing contribution from on-road and stationary markets. Operating margin and adjusted EBITDA margin expansion reflects underlying operating leverage in the business model with potential for upside from the multiple potential strategic moves in the hydrogen generation business.
...
https://finance.yahoo.com/news/plug-powe...s-KbDMTIRN
__________________
Trading is both, the easiest thing to do and also the most demanding thing you've ever done in your entire life. It can ruin your life, your family, and everything you touch if you don't respect it, or it can change your life, your families, and give you a feeling that is hard to find elsewhere if you succeed.
