Financial targets
Target | Outcome 2023 | Comments |
---|---|---|
Sales growth 10% | 21% | Sales shall, on average, grow by 10 percent per year (organically and via acquisitions). |
Profitability 8% | 8.8% | EBITA margin shall amount to 8 percent. |
Capital structure 2.5 times | 2.5 times | Net debt in relation to EBITDA (leverage ratio) shall over the long term, not exceed 2.5 times. |
Dividend policy 40% | Having considered the growth opportunities and potential value creation in the future, the Board proposes that no dividends shall be paid for the year. | Approximately 40% of profit for the year shall be distributed as dividends to shareholders. The dividend proposal shall take into account Green Landscaping Group’s long-term growth potential, financial position and investment requirements. |