ADDvise Group’s long term financial targets are categorized within four areas: growth, profitability, capital structure and dividend. The ambiton is to keep the focus on high revenue growth, based on a combination of acquisitions and organic growth. Profitable revenue growth combined with reduced net debt to EBITDA is an overall target. Given time, dividend to ADDvise Group’s shareholders will be added.
ADDvise Group’s long term financial targets is not to be mistaken for an annual forecast. The financial targets should be seen as an ambition from the board and CEO. The targets will be achieved both by acquisitions and organic growth.
ADDvise Group’s long term financial targets as of September 11th 2017 are:
Revenue growth: Annual growth in revenue shall exceed 20%. Growth will be both acquired and organic.
Profitability: EBITDA-margin shall reach 10%
Capital structure: Net interest-bearing debt in relation to EBITDA shall not exceed 3,0 times.
Dividend: 25 % of previous year EBT, excluding revaluation of pending earn outs, shall constitute shareholders’ dividend.