Long-term financial targets

NET SALES
Annual organic, FX neutral mid-single digit growth

EBIT
Mid-teen EBIT margin (excl. IAC) by the end of 2025

CASH FLOW
Free cash flow / Net profit (excl. IAC) ≥ 80%

BALANCE SHEET
Net debt / LTM EBITDA (excl. IAC) ≤ 2.5X

 

 

Dividend
Fiskars Group aims to distribute a stable, over time increasing dividend, to be paid biannually.

Financial targets tracking

202120222023LTM Q1 2024LAST 3 YEARS
NET SALES+14.2%+1.7%-9.7%-7.8%CAGR. -0.3%
EBIT12.3%12.1%9.8%9.1%10.9%
CASH FLOW109%Neg.231%208%56%
BALANCE SHEET0.7X1.5X2.5X2.9X1.5X