Nederman Channel and Partner Program

Financial objectives

  • 10 percent annual sales growth over a business cycle
  • 14 percent adjusted EBITA margin
  • 15 percent return on operating capital
  • Dividend corresponding to 30-50 percent of net profit after tax

Annual sales growth over a business cycle is to amount to 10 percent. During 2023, sales increased by 19.5 percent. Average annual growth during the past five years was 9.5 percent.

Adjusted EBITA margin is to amount to a minimum of 14 percent. In 2023, the adjusted EBITA margin was 11.6 percent. The average for the past five years was 10.7 percent.

The return on operating capital is to be at least 15 percent. In 2023, the return was 16.6 percent. The average annual return during the past five years was 14.4 percent.