Nordic Waterproofing strives to maintain a strong financial position that contributes to retaining the confidence of creditors and the market, which constitutes a basis for continued development of the business. Managed capital is defined as total recognized equity.
The financial targets for Nordic Waterproofing, valid as from 2016, include a dividend policy and targets for the capital structure. Nordic Waterproofing aims to have an annual dividend of more than 50 percent of its net profit. The pay out decision will be based on the Group’s financial position, investment needs, general economic and business conditions liquidity position as well as general economic and business conditions.
Dividend proposal for the financial year 2016
The Board of directors will propose to the Annual General Meeting (“AGM”) on 27 April 2017 to resolve to pay out a cash dividend of SEK 3.75 per share, a total of SEK 90 m. This represents around 58 percent of net profit.