Huron outlines ambitious growth strategy through 2029

On March 25, 2025, Huron, a global professional services firm, hosted an Investor Day in Chicago where it shared its refreshed strategy aimed at significant growth and margin expansion through 2029. The company's CEO, Mark Hussey, highlighted the disciplined execution of their growth strategy since the last Investor Day in 2022, which has led to strong financial performance and substantial shareholder value. Huron plans to enhance its competitive advantages while fostering growth in sectors such as healthcare, education, and commercial industries. Additionally, Huron aims to bolster its global digital capabilities and maintain a solid foundation for margin expansion and organic reinvestment. The company also set medium-term financial goals, which include achieving low double-digit annual revenue growth driven primarily by mid to upper single-digit organic growth, expanding the adjusted EBITDA margin to 15-17% by 2029, converting 75% of annual adjusted EBITDA into free cash flow, and doubling adjusted diluted EPS by 2029. Management’s focus is on balancing growth with capital allocation strategies between strategic mergers and acquisitions and shareholder returns. The outlook for 2025 remains positive with the company affirming guidance for full-year revenues before reimbursable expenses to range between $1.58 billion and $1.66 billion. Huron believes its market-tested strategy, collaborative culture, and strategic investments poise the company for sustained growth and further value creation opportunities for shareholders well into the future. This confidence is bolstered by their thoughtful approach to capital allocation, which aims not only to support growth but also to enhance shareholder returns. While Huron’s financial details highlight its positive trajectory, management acknowledges inherent risk factors that may potentially alter expected outcomes. These risks, identified in the company’s comprehensive annual report, necessitate ongoing scrutiny and adaptability in executing their strategic goals as they navigate through an evolving business environment. Overall, Huron’s proactive measures and future-oriented strategies indicate a strong commitment to maintaining its status as a trusted business partner for various organizations and institutions worldwide.