Nordic Waterproofing’s board of directors has adopted the following financial targets and dividend policy.
Nordic Waterproofing’s goal is to exceed the growth experienced in the company’s current markets through organic growth. In addition, the company expects to grow through selective acquisitions.
EBIT margin before items affecting comparability
Nordic Waterproofing’s goal is to have an EBIT margin before items affecting comparability exceeding 10 percent.
Net debt in relation to adjusted EBITDA before items affecting comparability (on a rolling 12-month basis), excluding temporary deviations, must not exceed 2.5 times.
Nordic Waterproofing aims to have an annual dividend of more than 50 percent of its net profit. The payout decision will be based on the Company’s financial position, investment needs, liquidity position, and general economic and business conditions.