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I would say our new three-year model targets 8-10% compounded annual organic growth, with Sensors and Measurement Systems above that rate and Weighing Solutions below — a favorable mix shift, at this point in time. The step-up is large: FY2025 gross margin 38.9% toward a 46.5% target, Q1 GAAP operating margin 0.4% toward 14.5-15.5%. The model rests on a conservative 2025 baseline given limited visibility and assumes a linear path. We still have to earn it.

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VPG / The new three-year operating model - a step-up we still have to earn