Inwido launches new long-term targets with increased ambitions within growth and sustainability
- Growth (revised): Revenue target SEK 20 billion in 2030
- Profitability (revised): >15% return on operating capital
- Capital structure: Net debt in relation to operating EBITDA <2.5x
- Dividend: Approximately 50% of net profit
- Science Based Targets:
- Two new sustainability KPIs:
- EU-taxonomy:
In 2030, 75% of sales of windows and doors will be Taxonomy-aligned
President and CEO Henrik Hjalmarsson comments on Inwido's long-term targets;
"Our new long-term targets emphasize a more growth-oriented Group with clear ambitions to continue the consolidation of the European market. By also adding new initiatives within sustainability we connect our financial targets with our contribution to a more sustainable world", says Henrik Hjalmarsson, President & CEO of Inwido.
To register to Inwidos Capital Markets day 2021, on site in Stockholm or on webcast, please e-mail: ir@inwido.com,and read more about the event on www.inwido.com
This disclosure contains information that Inwido is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 08-12-2021 18:40 CET.