Hain Celestial Unveils Strategy to Transform Company to Drive Sustainable Profitable Growth at 2023 Investor Day - Seite 2

We expect our Hain Reimagined strategy to deliver an achievable and compelling multi-year financial algorithm through FY27 with attractive shareholder returns, representing a material transformation of our financial profile.   

Our long-term outlook is as follows:

• Organic net sales CAGR of 3%+
• Adjusted EBITDA CAGR of 10%+
• Adjusted EBITDA margin of 12%+ by FY27
• Net debt leverage ratio of 2-3x by FY27

We will fund and pace investments to be profit accretive over the period.

RESTRUCTURING PROGRAM

In connection with the Hain Reimagined strategy, the Company announced a formal restructuring program intended to expand operating margins through the optimization of the Company’s brand portfolio, organization, end-to-end supply chain, and working capital.

The restructuring program is targeting $130 million to $150 million of annualized savings and a $165 million conversion of working capital cash by FY27.   One-time restructuring and related costs are estimated to be in the range of $115 million to $125 million across fiscal 2024 and fiscal 2025. Savings from the restructuring program will be used to help fund the Company’s transformation.       

WEBCAST INFORMATION

The Hain Celestial 2023 Investor Day presentation will be webcast today beginning at 8:30 AM Eastern Time. The live webcast and accompanying slides will be available under the Investors section of the Company’s corporate website at www.hain.com. A replay will be available following the conclusion of the event and for at least 6 months thereafter.

About The Hain Celestial Group
Hain Celestial Group is a global health and wellness company whose purpose is to inspire healthier living for people, communities, and the planet through better-for-you brands. For more than 30 years, our portfolio of beloved brands has intentionally focused on delivering nutrition and well-being that positively impacts today and tomorrow. Headquartered in Hoboken, N.J., Hain Celestial’s products across snacks, baby/kids, beverages, meal preparation, and personal care, are marketed and sold in over 75 countries around the world. Our leading brands include Garden Veggie Snacks, Terra chips, Garden of Eatin’ snacks, Earth’s Best and Ella’s Kitchen baby and toddler foods, Celestial Seasonings teas, Joya and Natumi plant-based beverages, Greek Gods yogurt, Yorkshire Provender, Cully & Sully and Covent Garden soups, Yves and Linda McCartney’s (under license) meat-free, Alba Botanica natural sun care, and Live Clean personal care products, among others. For more information, visit hain.com and LinkedIn.