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Sectra AB Revises Financial Goals


Tuesday, 28 May 2013 01:55am EDT 

Sectra AB announced that the Company has revised its financial goals. The Company's guidance in terms of stability stays unchanged with the equity/assets ratio at a minimum of 30%. Sectra also maintains its profitability guidance of operating margin (EBIT margin) of minimum of 15%. In terms of growth, the goal is that operating profit (EBIT) per share increases, on average, 10% per year over a five-year period. Previously, the Company' target was that sales increases, on average, by a minimum of 15% over a seven-year period. The adjustment is a consequence of Sectra being active in markets that are changing rapidly, where the nature of deliveries is being changed and streamlined. 

Company Quote

94.25
-1.25 -1.31%
11:29am EDT