Financial targets and dividend policy

Financial targets

Growth
Moment Group’s target is to increase sales by 10 per cent annually over the business cycle.

The growth target is measured on a pro rata basis and is achieved through a combination of organic growth, acquisitions and revenue synergies.

Operating margin
Moment Group’s target is for the EBIT margin to reach 6 per cent over the business cycle.

Operating margin is measured on a pro rata basis and is created by developing each business area and is boosted by revenue and expense synergies within the Group, and by acquisitions.

Net indebtedness/EBITDA
Moment Group’s goal is for net indebtedness/EBITDA to be lower than 3 on a rolling twelve month (RTM) basis.

Indebtedness must be chiefly related to acquisitions and kept at a level that preserves the Group’s long-term credit rating.

Dividend policy

Moment Group has adopted a dividend policy under which dividends must amount to at least 30 per cent of the Group’s profit after tax. Dividend payment presupposes that the financial position is adequate for operating activities and also for the Group’s expansion plans to be carried out.