Financial information

Financial targets

Outlook for the year 2023 and financial targets for 2024-2026

Revenue for 2023 is expected to be EUR 125–145 million and EBITA EUR 12–15.5 million.

The financial targets for 2023–2026 as published by the company on 11 May 2022 are the following:

  • Annual revenue growth of 20%, with organic growth accounting for about half. From 2023 onwards, organic revenue growth will be calculated based on comparable revenue, considering changes in the corporate structure. The previous growth target was an organic growth of 10%.
  • EBITA 12% of revenue. Operating profit before depreciation and impairment for fair value adjustments on acquisitions. The previous profitability target was an EBITA of 10%.
  • The target for the ratio of net debt and EBITDA remains below two.
  • The dividend policy remains unchanged: The target is to pay a dividend corresponding to 30–70% of net profit annually.