Resideo Technologies (REZI) expects its revenue to grow at a compound annual rate of 4% to 5% from 2025 through 2030, with gross margin reaching 43% to 45% and adjusted EBITDA margin reaching 23% to 25% by the end of 2030, the company said Monday.

The company announced the medium-term financial targets at its investor day ahead of the planned spin-off of ADI Global Distribution, as it positions itself as a pure-play building technologies company.

Resideo said the targets imply gross margin and adjusted EBITDA margin expansion of about 400 basis points each from 2025 levels.