Brief: Byggmax Updates Financial Targets

Byggmax AB

23/03/2021 07:37

March 23 (Reuters) - Byggmax Group AB  BMAX.ST :
    * BYGGMAX GROUP UPDATES FINANCIAL TARGETS
    * UPDATED FINANCIAL TARGETS ARE:NET SALES OF AT LEAST SEK 10
BILLION 2025 (PREVIOUS GOAL: ORGANIC GROWTH OF 10-15% PER YEAR)
    * UPDATED FINANCIAL TARGETS: OPERATING PROFIT MEASURED AS
EBITA OF
7-8% (UNCHANGED)
    * DIVIDEND TARGET IS EQUIVALENT TO AT LEAST 50% OF NET
INCOME
(UNCHANGED)

Source text for Eikon:  ID:nWkr2VrfR8 
Further company coverage:  BMAX.ST 

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