The Board of Directors has set the following financial targets. The financial targets are forward-looking statements and are not guarantees of future financial performance.
|Long-term financial target||Outcome|
|Growth||Sales to reach at least EUR 350 million by the financial year 2023 by continuation of strong customer acquisition momentum.||Net sales EUR 284.4 million,|
|Profitability||Mid- to long-term adjusted EBITA margin of 10-12% with steadily improving profile. Margin increase is expected to be realised through steady gross margin and improving operating leverage.||Adjusted EBITA margin|
|Capital structure||Maintain net debt in relation to adjusted EBITDA below 2.5x in the long term.||Net debt / LTM adjusted|
|Dividend policy||To pay a dividend corresponding to 60-80% of net profit. Any potential dividend shall take into account acquisitions, the company’s financial position, cash flow and future growth opportunities.||A capital return corresponding|
to approximately 80% of
the profit for the financial year
before non-recurring adjustments
of EUR 4.3 million.