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Brief: Troax Group Presents New Financial Targets For 2030

Oct 29 (Reuters) - Troax Group AB (publ) TROAX.ST:

PRESENTS NEW FINANCIAL TARGETS FOR 2030

TARGETS FOR 2030:  GROWTH: DOUBLE TURNOVER TO AT LEAST 550 MEUR BY 2030 (2025 BASELINE)

TARGETS 2030: NET DEBT TO EBITDA NOT TO EXCEED 2.5 TIMES

TARGETS 2030: TO PAY 40-60% OF NET PROFIT IN DIVIDENDS

TARGETS 2030: PROFITABILITY: OPERATING MARGIN (ADJUSTED EBITA): AT LEAST 20% OVER A BUSINESS CYCLE

Source text: ID:nWkr2Gpg4f

Further company coverage: TROAX.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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