Dividend policy and financial objectives
Dividend policy and financial objectives
Wall to Wall Group has a long-term ambition to generate significant shareholder value based on strong cash flows and has established a long-term dividend policy whereby approximately 50% of the annual after-tax profit will be distributed to shareholders each year. Growth will be achieved while maintaining financial stability, ensuring that the company’s debt does not exceed 2.5x, defined as net debt, including lease liabilities, divided by adjusted EBITDA for the last 12 months on a proforma basis.
The long-term profitability targets are an annual organic growth of approximately 10% and an adjusted operating margin (EBITA) of around 15%.
