At year-end 2019/20, Elanders established new long-range financial goals because the implementation of IFRS 16 affected how the previous goals were calculated
The new financial goals are as follows:
- Net debt / EBITDA ratio no higher than 2.5
- Average net sales growth should be 3-5 percent annually
- EBITA margin of at least 7 percent
The new goals should be able to reach within a few years.