Dana Unveils “Dana 2030” Plan: $10B Revenue Target, 15% EBITDA Goal, $2B Buyback Program

For free cash flow, Dana guided to approximately 4% for the current year and said it expects that to rise to 6% by 2030, noting that near-term cash conversion will be tempered by “catch-up” and margin-enhancing investments in manufacturing operations.The company reiterated long-term targets previously previewed on its Q4 earnings call. Dana said it expects revenue to reach $10 billion by 2030 , implying about a 6% compound annual growth rate . Dana also said it is targeting 14%–15% adjusted EBITDA margins b ...