Long-term financial targets
During the strategy period 2025–2027 the Group aims in Finnish operations to achieve a turnover of approx. MEUR 400 and to maintain the current good level of EBIT margin. In international business, the target is profitable growth and creating shareholder value. In the long-term, the company aims to decrease the ratio of net debt to operational EBITDA, adjusted for IFRS 16 lease liability, to the level of approx. 2 and to distribute annually increasing dividend.
The company updated its long-term strategic and financial targets for the next strategy cycle 2025–2027 in the Capital Markets Day that was held on 22 May 2024.
| Target level 2027 | 2023 | 2022 | 2021* | 2020* | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Revenue, MEUR | approx. MEUR 400 (Finnish business) | 372.4 | 312.8 | 186.1 | 156.8 | 272.8 | 209.6 |
| EBIT margin, % | current good level (Finnish business) | 9.7 | 10.1 | -0.5 | -15.2 | 11.2 | 7.5 |
| Net debt/operational EBITDA excluding IFRS 16 effect | approx. 2 | 3.0 | 2.9 | 13.5 | neg. | 3.5 | 4.9 |
| Osinko/osake, euroa | annually increasing dividend | 0.43 | 0.40 | - | - | 0.40** | 0.34 |
* Covid-19 pandemic
** Proposal by the Board of Directors to the AGM 2020 (cancelled)