Projektengagemang sets new financial targets
The Board of Directors of Projektengagemang Sweden AB (publ) has established new financial targets.
“There are great opportunities to develop the company over the next few years, and by 2025 PE will be Sweden's leading technical consultant specialising in buildings. The updated financial targets reflect our ambitions for growth going forward,” commented Chairman Per-Arne Gustavsson.
Projektengagemang’s new financial targets include:
- Profitability: 10 percent EBITA margin over time
- Growth: Annual growth of 15 percent over time, including acquisitions
- Leverage: A net borrowings/EBITDA ratio of max. 2.5
- Dividend policy: 30–50 percent of profit for the year will be distributed to shareholders.
This is a translation of the Swedish original. The Swedish text is the binding version and shall prevail in the event of any discrepancies.
This disclosure contains information that Projektengagemang is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 16-07-2021 07:25 CET.