Exel Composites launches transformative strategy to capture profitable growth with composite solutions driven by sustainability needs
EXEL COMPOSITES PLC INSIDE INFORMATION 2 OCTOBER 2023 at 09:00 EETExel Composites launches a new strategy to become a more integrated designer and manufacturer of pultruded composite solutions for volume and customer-specific applications. This transformation will enable Exel to grow and to create more long-term value for stakeholders. Exel will also reorganize its operations to improve performance and support growth. The actions to be taken will enable Exel to achieve over EUR 200 million in annual revenue and double digit adjusted operating profit margin within the next