Financial Targets and Dividend Policy
On February 21, 2020 the Board of Directors of Cavotec SA adopted the following financial targets and dividend policy for Cavotec SA:
Sales Growth – Cavotec’s target is to achieve an annual organic revenue growth of at least 5% from 2020, in addition to possible acquisitions.
EBIT Margin – Cavotec’s target is to reach an annual adjusted EBIT margin of more than 10% within two years and more than 12% within five years.
Dividends – Cavotec’s target is to distribute dividends of approximately 30-50% of net profits over a business cycle. Any pay-out decision will be based on the Company’s financial position, investment needs, acquisitions and liquidity position.