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 Group’s current markets through organic growth. In addition, the Group expects to grow through selective acquisitions.
Nordic Waterproofing’s goal is to generate a return on capital employed (ROCE) exceeding 13 percent for the financial year.
CAPITAL STRUCTURE <3.0 X
Net interest-bearing debt in relation to EBITDA shall not exceed 3 times at year-end.
DIVIDEND POLICY >50%
Nordic Waterproofing aims to pay an annual dividend exceeding 50 percent of its net profit. The proposed dividend will be based on the Group’s financial position, investment needs, liquidity position, as well as general economic and business conditions.