Brief: Sintercast Announces Financial Targets, Long-Term Growth Outlook

SinterCast AB

18/09/2023 07:13

Sept 18 (Reuters) - SinterCast AB  SINT.ST :
    * SINTERCAST ANNOUNCES FINANCIAL TARGETS AND LONG-TERM
GROWTH
OUTLOOK
    * FORECASTS CONTINUED DOUBLE-DIGIT CAGR OF ITS SERIES
PRODUCTION
VOLUME AND ITS REVENUE THROUGH 2030
    * FORECASTS CONTINUED GROWTH WITH HIGH VOLUME SERIES
PRODUCTION
WELL BEYOND 2035 IN CURRENT WESTERN MARKETS AND FURTHER GROWTH
OPPORTUNITIES IN DEVELOPING WORLD
    * TARGET TO INCREASE GROSS MARGINS BEYOND CURRENT LEVEL OF
70%
    * TARGET TO INCREASE OPERATING MARGIN FROM 30% TO MORE THAN
40%
    * EXTEND INCREASING DIVIDEND FROM CURRENT STRING OF 13 YEARS
TO 25
YEARS

Source text for Eikon:  ID:nMFN36g87s 
Further company coverage:  SINT.ST 

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