"We see that the market has developed positively and the company is in a good position. The existing platform is strong and we continue to build for further growth."
New financial targets for the next 5 years:
New target: Sales growth of 10-15% annually
Old target: Grow at a higher rate than the market
New target: EBITA margin of 10-12%
Old target: No external target communicated
New target: Return on
Old target: Return on
New target: Net debt shall not exceed 3 x EBITDA over time, excluding the impact of IFRS 16 and pension debt
Old target: Equity/assets ratio of at least 30%
New target: Aim to distribute at least 30% of net profit after tax
Old target: Distribute more than 30% of the profit after tax
At the Capital Markets Day that takes place today starting at
Malmö,
For more information, please contact:
CFO
Telephone +46 40-35 89 00
Email jdn@beijerref.com
Niklas Willstrand
Director of
Telephone +46 40-35 89 00
Email nwd@beijerref.com
*The operating profit (EBIT) for the most recent 12-month period is changed to the operating profit before amortization and write-downs of intangible fixed assets (EBITA) excluding items affecting comparability in relation to average operating capital.
This disclosure contains information that
https://news.cision.com/beijer-ref-ab/r/beijer-ref-presents-new-financial-targets,c3885416
https://mb.cision.com/Main/1860/3885416/2464009.pdf
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