Long-term financial targets
Financial targets for the strategy period 2021-2025
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 quarterly.
Financial targets tracking
Advancement toward the Group’s overall financial targets was constrained by the challenging operating environment throughout the strategy period.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2021-2025 | |
|---|---|---|---|---|---|---|
| NET SALES | +14.2% | +1.7% | -9.7% | -5.0% | 0.0% | CAGR. -1.6% |
| EBIT | 12.3% | 12.1% | 9.8% | 9.6% | 6.7% | 10.2% |
| CASH FLOW | 109% | Neg. | 231% | 103% | 197% | 101% |
| BALANCE SHEET | 0.7X | 1.5X | 2.5X | 2.55X | 3.31% | 2.02X |
Updated February 17, 2026