Brief: Fiskars Group Provides New Long-Term Financial Targets

Fiskars

08/11/2021 06:01

Nov 8 (Reuters) - Fiskars Oyj Abp  FSKRS.HE :
    * FISKARS GROUP PROVIDES NEW LONG-TERM FINANCIAL TARGETS
    * NEW FINANCIAL TARGETS: ANNUAL, FX NEUTRAL ORGANIC NET
SALES
GROWTH: APPROXIMATELY 5 % (MID-SINGLE DIGIT)
    * COMPARABLE EBIT MARGIN TARGET : APPROXIMATELY 15 %
(MID-TEEN) BY
END OF 2025
    * CASH CONVERSION (FREE CASH FLOW / NET PROFIT) TARGET: AT
LEAST
80%
    * NET DEBT / LTM (LAST TWELVE MONTH) EBITDA TARGET: AT OR
BELOW
2.5X

Source text for Eikon:  ID:nWkr539RjW 
Further company coverage:  FSKRS.HE 

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