Brief: Exsitec Holding Announces New Financial Targets

Exsitec Holding AB

14/05/2024 07:42

May 14 (Reuters) - Exsitec Holding AB  EXS.ST :
    * HAS DECIDED ON NEW FINANCIAL TARGETS
    * NEW GOALS ARE NOT TIME-LIMITED AND REPLACE PREVIOUS GOALS PRESENTED IN 2021
    * GROWTH GOALS: EXSITEC'S OBJECTIVE IS TO INCREASE NET SALES BY AT LEAST 15% PER YEAR OVER
TIME
    * PERFORMANCE TARGET: EXSITEC'S OBJECTIVE IS TO INCREASE ADJUSTED EBITA PER SHARE BY AT
LEAST 15%
PER YEAR OVER TIME
    * STABILITY MEASURES: EXSITEC'S OBJECTIVE IS THAT NET DEBT MUST NOT EXCEED 2 TIMES EBITDA.
    * DIVIDEND POLICY: EXSITEC'S OBJECTIVE IS TO DISTRIBUTE 20-40 PERCENT OF PROFIT AFTER TAX,
TAKING
INTO ACCOUNT COMPANY'S FINANCIAL POSITION, CAPITAL STRUCTURE AND FUTURE GROWTH OPPORTUNITIES

Source text for Eikon:  ID:nMFN28kMgp 
Further company coverage:  EXS.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))