Cooper Tire announces midterm financial targets

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Corporate developments

Company targets operating profit margin between 10% and 14% by 2022

Cooper Tire & Rubber Company aims at achieving operating profit of 10–14%, annual unit volume growth in the low- to mid-single digits, and return on invested capital of 14–16% under its five-year mid-term targets, the company announced at its investor day on 11 May.

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