Financial targets

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.


Nordic Waterproofing’s goal is to generate a return on capital employed (ROCE) before items affecting comparability exceeding 15 percent.

Capital structure

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.

Dividend policy

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.


Welcome to Nordic Waterproofing Group

Nordic Waterproofing's strong brands protect homes, buildings and infrastructure.