- ST Engineering (SGX:S63) hosted an Investor Day event on 18 Mar 25, establishing its growth targets for the next five years (2025-29).
Well on track to meet 2026 targets set in 2021.
- - Read this at SGinvestors.io -
- commercial aerospace revenue of over S$3.5b, and
- digital business revenue of over S$0.5b, two years ahead of its targeted deadline. Some other 2026 targets such as:
- smart city revenue of S$3.5b (2024 actual: S$2.7b), and
- - Read this at SGinvestors.io -
Aggressive 2029 growth targets set: 8.6% revenue CAGR in 2025-29.
- According to management, ST Engineering’s group revenue is targeted to grow at a CAGR of 2x global GDP growth rate, to S$17b by 2029. This implies a 5-year revenue CAGR of over 8.6% in 2025-29, faster than the targeted revenue growth CAGR of 7.4% for 2021-26 established in its previous investor day.
- For individual business segments:
Commercial aerospace (CA):
- Read more at SGinvestors.io.
