Actic has revised its financial targets which we think better align with its strategic focus ahead. It now targets sales growth of 7% over an economic cycle (prev. organic growth of 5% with M&A on top) and EBITDA margin (ex. IFRS16) of 15% (prev. >20%). Meanwhile, the leverage target is reduced to 2.5x ND/EBITDA (ex. IFRS16), down from previously 3.0x. We believe the new targets reflect ambitions to reduce debt and execute a more focused organic strategy ahead.
LÄS MER
