Brief: Beijer Ref Presents New Financial Targets

Beijer Ref AB (publ)

30/11/2023 07:35

Nov 30 (Reuters) - Beijer Ref AB (publ)  BEIJb.ST :
    * BEIJER REF PRESENTS NEW FINANCIAL TARGETS
    * NEW FINANCIAL TARGETS FOR NEXT 5 YEARS
    * NEW TARGET: SALES GROWTH OF 10-15% ANNUALLY
    * NEW TARGET: EBITA MARGIN OF 10-12%
    * NEW TARGET: RETURN ON OPERATING CAPITAL (ROOC*) SHALL
AMOUNT TO
AT LEAST 12%
    * NEW TARGET: AIM TO DISTRIBUTE AT LEAST 30% OF NET PROFIT
AFTER
TAX
    * NEW TARGETS ARE BASED ON CONTINUED GOOD OPPORTUNITIES FOR
GROWTH
AS WELL AS INCREASED CLARITY TOWARDS MARKET AND INVESTORS

Source text for Eikon:  ID:nWkr54FwhP 
Further company coverage:  BEIJb.ST 

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