Financial targets

Growth

Achieve annual growth exceeding 15 % over a business cycle, generated organically as well as through complementary acquisitions.

Operating margin

The Group is striving for the adjusted EBIT margin to exceed 7 % in the medium term.

Capital structure

Nordisk Bergteknik’s target is for the net debt/adjusted EBITDA LTM not to exceed 2.5x. The ratio may temporarily be higher, for example in connection with larger acquisitions.

Dividend policy

Nordisk Bergteknik’s target is to distribute up to 40 % of the Group’s consolidated net income over time, taking into consideration M&A and growth opportunities as well as financial position and cash conversion.