Brief: Alimak Presents New Financial Targets

Alimak AB (publ)

14/06/2023 07:37

June 14 (Reuters) - Alimak Group AB (publ)  ALIG.ST :
    * ALIMAK GROUP PRESENTS NEW FINANCIAL AND SUSTAINABILITY
TARGETS
    * NEW FINANCIAL TARGETS:  REVENUE GROWTH TARGET: 6-10%
(PREVIOUS
TARGET 5-7%)
    * NEW FINANCIAL TARGET: ADJUSTED EBITA MARGIN TARGET: >18%,
WITHIN
2-3 YEARS' TIME
    * NEW FINANCIAL TARGETS: COMPANY WILL MAINTAIN AN EFFECTIVE
CAPITAL STRUCTURE WITH A NET DEBT BELOW 2.5X EBITDA OVER A CYCLE

Source text for Eikon:  ID:nMFNc7V9fj 
Further company coverage:  ALIG.ST 

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