The new goals are not time-limited and replace the previous goals presented in 2021.

Growth goals
Exsitec's objective is to increase net sales by at least 15% per year over time.

Performance target
Exsitec's objective is to increase adjusted EBITA per share by at least 15% per year over time.

Stability measures
Exsitec's objective is that net debt must not exceed 2 times EBITDA.

Dividend policy
Exsitec's objective is to distribute 20-40 percent of the profit after tax, taking into account the Company's financial position, capital structure and future growth opportunities.

- The board and I believe that the new financial goals give investors clarity in our ambition for long-term sustained profitable growth, while at the same time they create a direction for us internally, says CEO Johan Kallblad. For reference, net sales and adjusted EBITA increased by 14% and 43% respectively in 2023 while net debt was between 0.4-0.7 times EBITDA.

For more information, contact:

Johan Kallblad, CEO
Hampus Strandqvist, Head of M&A / Investor Relations
Phone: +46-10-333 33 00
Email: ir@exsitec.se

This information is information that Exsitec Holding is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-05-14 08:20 CEST.

Attachments

The board of Exsitec Holding AB (publ) has decided on new financial targets

© Modular Finance, source Nordic Press Releases