Dividend policy and financial objectives

Wall to Wall Group’s financial objectives are to achieve good growth and profitability over time, with an annual dividend to shareholders that corresponds in the long term to approximately 50 per cent of the Company’s net earnings.

The Group must retain a high degree of financial flexibility to allow for expansion through acquisitions, with the net debt including leasing in relation to adjusted EBITDA for the past twelve-month period not exceeding 2.5x.

The profitability objective for ongoing operations, which is currently gathered under Spolargruppen, is annual organic growth exceeding 10 per cent and an adjusted operating margin (EBITA) exceeding 15 per cent.