Rogers Corporation has yet to publicize specific growth targets for the second quarter of 2025. However, their strategic direction was previously laid out in March 2023, when they aimed for a revenue compound annual growth rate of 7% to 10% and an adjusted EBITDA margin of 24% to 26% by 2025.
In the first quarter of 2024, Rogers took significant steps to enhance cost efficiencies due to a downturn in orders from ceramic power substrate clients and waning consumer demand. These measures paid off with improved gross margins by the second quarter of 2024. Additionally, plans were revealed to enhance operational efficiency by consolidating high-frequency circuit material manufacturing, with projected savings of $7 million to $9 million expected after project completion in mid-2025, according to Investing.com.
Although Rogers Corporation has not disclosed specific tariff mitigation strategies, their operations span key regions like China, Europe, and the U.S., areas where trade policies and tariffs have notable impacts. This aligns with past acknowledgments by the company regarding the influence of global trade dynamics on their operations.