Edition:
United Kingdom

Sportamore Sets New Financial Targets


Wednesday, 17 Apr 2019 

April 17 (Reuters) - Sportamore AB (Publ) ::SPORTAMORE UPDATES THE FINANCIAL GOALS.BOARD OF DIRECTORS OF SPORTAMORE AB (PUBL) HAS DECIDED ON NEW FINANCIAL GOALS FOR GROUP.GROUP TARGETS ANNUAL SALES GROWTH OF 15-25%.FOR NORDIC MARKET, EBIT-MARGIN SHALL BE 5% BY 2022.FOR OPERATIONS OUTSIDE NORDIC MARKET AN EBIT-MARGIN OF 5% SHALL BE ACHIEVED IN MEDIUM TERM AFTER LAUNCH.WHEN FREE CASH FLOW EXCEEDS ATTRACTIVE INVESTMENTS IN PROFITABLE GROWTH DIVIDEND SHALL BE PAID OUT. 

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