Financial targets

Financial targets 2025-2027

Metric Target
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)