Financial targets

Financial targets

Revenue for 2020 is expected to be EUR 85–95 million, and EBITA is expected to be EUR 5.8–8.0 million.

In the years 2020-2022, Siili targets organic revenue growth of more than 10 % per year, further boosted by acquisitions.

Starting in 2020, the earnings guidance will be given in EBITA (EBIT adjusted for fair value depreciation on acquisitions). In 2020, Siili targets to improve its EBITA margin compared to 2019. The EBITA target for the period 2021–2022 is approximately 10% of revenue.

The international business targets double the growth rate of the domestic business.

Dividend policy will also remain unchanged, i.e. 30–70% of the net profit will be paid out as dividends.

The aim is to keep the level of net debt at most double that of EBITDA. Deviations are acceptable under special circumstances.

 

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