Brief: Trelleborg Presents New Financial Targets

Trelleborg AB

23/05/2023 08:10

May 23 (Reuters) - Trelleborg AB  TRELb.ST :
    * TRELLEBORG PRESENTS NEW FINANCIAL TARGETS AND NEW
SUSTAINABILITY
TARGETS
    * UPDATED FINANCIAL TARGETS: TOTAL ANNUAL SALES GROWTH OVER
A
BUSINESS CYCLE IS TO AMOUNT TO >8 PERCENT (PREVIOUS TARGET WAS
5-8 PERCENT)
    * UPDATED FINANCIAL TARGET: OVER A BUSINESS CYCLE, EBITA
MARGIN,
EXCLUDING ITEMS AFFECTING COMPARABILITY, IS TO AMOUNT TO >20
PERCENT (PREV TARGET WAS EBIT MARGIN OF >16 PERCENT)
    * UPDATED FINANCIAL TARGET: OVER A BUSINESS CYCLE, ROCE
EXCLUDING
ITEMS AFFECTING COMPARABILITY, IS TO AMOUNT TO >15 PERCENT
(PREVIOUS TARGET >14 PERCENT)
    * REAFFIRMS TRELLEBORG'S LATEST MARKET OUTLOOK FOR Q2 OF
2023

Source text for Eikon:  ID:nMFN5bmx0Z 
Further company coverage:  TRELb.ST 

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