Financial targets and dividend policy
Bokusgruppen has adopted the following financial targets
- Net sales growth in digital channels: Annual average net sales growth of 10% for the mid- to long term (three to five years).
- Net sales growth in physical stores: Sales growth in the physical store network is to follow the general economic growth rate.
- EBITA: EBITA margin of approximately 6% for the mid- to long term (three to five years).
Bokusgruppen strives to provide a stable and gradually increasing dividend while maintaining an efficient capital structure over the long term. When operating cash flow exceeds the need for investments in profitable expansion over time and the stipulated targets for the company’s capital structure have been met, the surplus may be distributed to shareholders.
Bokusgruppen's dividend for the financial year 2020 amounted to SEK 11.7 million, which correspond to a dividend per share of SEK 0.72 based on the number of outstanding shares in Bokusgruppen as of the date of publication of the Company Description.
Bokusgruppen's financial targets above constitute forward-looking information that is associated with great uncertainty. Bokusgruppen cannot provide any guarantee that these targets will be achieved or that Bokusgruppen's actual future financial position and/or results will not differ significantly from these financial goals.