Financial targets
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.
| Growth | Sales to reach at least EUR 350 million by the financial year 2023 by continuation of strong customer acquisition momentum. |
| 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. |
| Capital structure | Maintain net debt in relation to adjusted EBITDA below 2.5x in the long term. |
| 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. |
