In November 2021, Fiskars Group published new long-term financial targets for the next four-year period. The long-term financial targets cover five areas: growth, profitability, cash flow, balance sheet and dividend.

Growth

Annual, FX neutral organic net sales growth approximately 5 % (mid-single digit)

Profitability

Comparable EBIT margin to reach approximately 15 % (mid-teen) by the end of 2025

Cash Flow

Cash conversion (Free Cash Flow / Net Profit) at least 80%

Balance sheet

Net debt / LTM (last twelve month) EBITDA at or below 2.5x

Dividend

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