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
| 2021 | 2022 | 2023 | 2024 | LAST 3 YEARS (Q3 2025) | |
|---|---|---|---|---|---|
| NET SALES | +14.2% | +1.7% | -9.7% | -5.0% | CAGR. -7.1% |
| EBIT | 12.3% | 12.1% | 9.8% | 9.6% | 8.7% |
| CASH FLOW | 109% | Neg. | 231% | 103% | 148% |
| BALANCE SHEET | 0.7X | 1.5X | 2.5X | 2.55X | 2.86X |