Basic-Fit N.V. (ENXTAM:BFIT) will look for M&A opportunities. During the Basic-Fit 2026 Capital Markets Day, Maurice de Kleer, CFO, said, "The revenue is up, margins are up and cash flow is improving. And looking forward from 2026, these trends will continue with a controlled organic growth in members, club and yield, more franchise and targeted M&A. And in addition, we will look at in a disciplined way at M&A transactions, but only if that, of course, at the medium term is group ROCE enhancing.
We will maintain balance sheet efficiency. The target for net debt ratio is still below 2, but of course, it can be temporarily higher if there's a strong business case for M&A. And not in the near term, but eventually, we may look at shareholder distribution according to this hierarchy. So the philosophy is simple.
It is about targeted investments. It is about balance sheet strength and optionality. We will continue limited organic growth mostly in our mature markets, if it meets our ROIC requirements.
We will look for M&A opportunities, selective focus in a disciplined way if we are convinced that we are able to extract medium-term value and drive at the medium term, group ROCE. And of course, we will use franchise as a ROCE booster. So it's all about growth, but at optimal returns".
