Financial targets and outcomes 2022
Target: The Company shall grow more than the market, targeting an annual growth rate of around 15 percent over time. Growth is to be achieved sustainably through continued organic growth and acquisitions.
Outcome: In 2022, net sales grew by 42.0 percent, as compared with 42.4 percent in the previous year. Growth was 12 percent calculated as if the acquired units were included in the previous year as well.
Target: EBITA shall grow to 12 percent of net sales over time.
Outcome: In 2022, the EBITA margin was 8.7 percent, as compared with 9.1 percent in the preceding year. After adjustment for acquisition and integration costs, the EBITA margin was 8.9 percent.
EBITDA in relation to net liabilities
Target: Net liabilities in relation to EBITDA should not exceed 2 multiples over time.
Outcome: In 2022, net liabilities in relation to EBITDA were 1.5.
Earnings per share and dividends
Target: The ambition is to pay dividends corresponding to 40–60 percent of profit after tax. The dividends should reflect the Board’s expectations on future market development, as well as the Company’s growth strategy.
Outcome: The Board proposes a dividend of SEK 7.50 per share for 2022, corresponding to 53 percent of the earnings after taxes.