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.