Terranor Group AB (publ)’s financial objectives

The Board of Directors of Terranor Group AB (publ) has set the following financial objectives:

Revenue growth

The aim is for revenue to grow with an average of at least 8 percent per year over the medium-term. The growth rate may be higher or lower for individual years. Terranor’s growth strategy is primarily focusing on organic growth and the growth target does not include acquisitions.

Profitability

The target is that the adjusted EBITA margin in the medium-term shall reach a level of over 5 percent. The adjustments made to EBITA are in relation to items affecting comparability.

Leverage

The net debt (net debt/adjusted EBITDA) should not exceed 2.5x.

Dividend policy

The objective is at least 50 percent of the Group’s net profit shall be distributed as dividends.
The dividend proposal shall take into account Terranor’s long-term development potential, financial position and investment requirements.