Brief: B&S Group Announces Mi-Term Financial Objectives For 2024-2026

B&S SA

21/11/2023 06:26

Nov 21 (Reuters) - B&S Group SA  BSGR.AS :
    * MID TERM FINANCIAL OBJECTIVES 2024–2026: ANNUAL ORGANIC
TURNOVER
GROWTH BETWEEN 5%-7%
    * MID TERM FINANCIAL OBJECTIVES 2024–2026: EBITDA MARGIN
BETWEEN 5
– 6%
    * MID TERM FINANCIAL OBJECTIVES 2024–2026: RETURN ON
INVESTED
WORKING CAPITAL >25%
    * MID TERM FINANCIAL OBJECTIVES 2024–2026: NET DEBT EBITDA
LEVERAGE RATIO < 3.0
    * MID TERM FINANCIAL OBJECTIVES 2024–2026: A DIVIDEND
PAY-OUT
RATIO OF 40%
    * SIGNED AN AGREEMENT WITH THE MINORITY SHAREHOLDERS OF FNET
ACQUISITION COMPANY LLC TO ACQUIRE 12.5% OF THE SHARES IN
FRAGRANCE NET FOR $23.9 MILLION

Source text: tinyurl.com/388tjpfy
Further company coverage:  BSGR.AS 

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