Brief: Karnov Announces Updated Medium Term, Long Term Financial Targets

Karnov AB (publ)

05/10/2023 06:51

Oct 5 (Reuters) - Karnov Group AB (publ)  KARNO.ST :
    * KARNOV GROUP ANNOUNCES UPDATED MEDIUM TERM AND LONG TERM
FINANCIAL TARGETS
    * TARGET IS ANNUAL ORGANIC NET SALES GROWTH OF 4-6 PERCENT
IN
MEDIUM TERM
    * TARGET IS TO DISTRIBUTE 30-50 PERCENT OF COMPANY'S ANNUAL
NET
PROFIT
    * TARGETS ANNUAL ADJUSTED EBITA MARGIN IN EXCESS OF 25
PERCENT IN
MEDIUM TERM AND AN ADJUSTED EBITA MARGIN IN EXCESS OF 30 PERCENT
IN LONG TERM

Source text for Eikon:  ID:nWkr1Y6kdY 
Further company coverage:  KARNO.ST 

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