Core Molding Technologies (CMT) Investor day 2026 summary

Strategic transformation and growth outlook

• Proven operating transformation with a focus on continuous improvement and disciplined execution, resulting in visible growth and a clear path to $500M in revenue through economies of scale and diversified markets.

• Capital allocation is governed by Return on Capital Employed (ROCE), prioritizing organic growth and disciplined investments, with a measurable scorecard for progress including margin, cash generation, and customer diversification.

• Diversification strategy has reduced cyclicality, improved asset utilization, and expanded growth opportunities, with a significant portion of new wins in diversified markets.

• Commercial team transformation and sales process optimization have driven $89M in incremental annual revenue in 18 months, with a robust pipeline of $147M in annual revenue actively pursued.

• Long-term financial targets for 2030 include revenues over $500M, gross margin above 20%, operating income at 10%, and ROCE at 16%.

Operational platform and execution culture

• Industry-leading execution with improved safety, on-time delivery, and quality metrics, supported by a large North American manufacturing footprint and specialized capabilities.

• Investments in automation, plant expansions, and process optimization in Mexico are expected to yield cost savings and efficiency improvements, supporting future growth.

• Culture is positioned as a competitive advantage, with leadership development, talent retention, and employee engagement driving execution and sustainable growth.

• Internal promotion rates and leadership pipeline metrics have improved, with 74% of senior leaders promoted internally and 65% having identified successors.

• Continuous improvement and data-driven problem solving are embedded in the operating model, supporting margin expansion and operational excellence.

Financial performance and guidance

• Gross margins have remained stable between 17%-19% despite revenue declines, with adjusted EBITDA margins improving to 11.4% as of Q2 2026.

• Strong cash generation, converting 75% of EBITDA to operating cash, and disciplined capital deployment focused on increasing ROCE.

• Fiscal 2026 guidance expects flat to 5% sales growth versus 2025, gross margins in the 16%-17% range, and $1M in annual savings from footprint optimization starting in 2027.

• Capital allocation priorities include maintaining a strong balance sheet, investing in organic growth, pursuing disciplined M&A, and returning capital to shareholders via share repurchases.

• Acquisition strategy targets businesses that diversify end markets, expand capabilities, and strengthen the margin profile, with strict financial criteria for returns and leverage.