Financial targets

Financial targets 2025-2027

Adjusted EBITA margin (LTM1):    >10%
Adjusted cash conversion (LTM1):>70%
Adjusted EBITA growth (CAGR):15%
Interest-bearing net debt / adjusted RTM2)EBITDA:
2.0–3.0x
Dividend policy:0–20% of Group net profit for the year

1) LTM – Last twelve months  
2) RTM – Rolling twelve months (adjusted for acquisitions and divestments)