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Brief: Profoto Holding Updates Its Financial Targets

Feb 11 (Reuters) - Profoto Holding AB (publ) PRFO.ST:

UPDATES ITS FINANCIAL TARGETS

NEW TARGETS STIPULATE THAT ORGANIC SALES GROWTH SHALL EXCEED 5% PER YEAR, COMPARED WITH PREVIOUS TARGET OF 10%

NEW TARGET: EBIT MARGIN SHALL AMOUNT TO 20% PER YEAR, COMPARED WITH THE PREVIOUS TARGET OF 25–30%

DIVIDEND POLICY REMAINS UNCHANGED

Source text: ID:nMFN4pZN0X

Further company coverage: PRFO.ST

 (Gdansk Newsroom)

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

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