Alimak: affirms its focus on profitable growth and adjusts its medium-term financial objectives
The board of directors of
The updated medium-term financial objectives and dividend policy are as follows:
- Revenue growth target: 5 to 7%
The Group’s medium-term objective is to have average annual growth in turnover of 5 to 7%.
(previous objective: to achieve average annual organic growth in turnover of at least 6%).
- EBITA margin target: 14-16%
The Group’s medium-term objective is to achieve an operating EBITA margin of 14 to 16%.
(previous objective: achieve an operational EBITA margin of at least 15%).
- Net debt / EBITDA target: ~ 2.0x
The company will maintain an efficient capital structure with net debt of approximately 2.0 times EBITDA over a cycle. The capital structure will be flexible and allow for strategic initiatives.
The Group’s objective is to pay a dividend of 40 to 60% of its net income to its shareholders.
(previous objective: the Company aims to pay its shareholders approximately 50% of its net profit for the applicable period in dividends).
New sustainability goal:
- Aim to reduce CO2-print with 30% crossing our value chain by 2025
Scope 3, normalized according to turnover, down compared to 2019
“We have a clear vision and a strategic roadmap in place to capture the full potential of value for the Group. The updated financial objectives that we will present today at our Capital Markets Day reflect our strong ambition for profitable growth in the future “. It also reflects our sustainability ambitions and our strong contribution to workplace safety, climate impact reduction and social responsibility.
An update on the
Time: 1:00 p.m. – 4:00 p.m. CET
The live stream will begin at the following link at 1:00 p.m. CET: https://tv.streamfabriken.com/alimak-group-cmd-2021
For more information please contact
This is information that
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