In the autumn of 2021, NCAB Group announced that the financial targets published in connection with the company's IPO in 2018 would be revised in 2022. Today, the Board of NCAB has set new financial targets. The new medium-term objectives are:
> Net sales of SEK 8 billion in 2026, achieved by approximately equal parts organic and acquired growth.
> EBITA of SEK 1 billion in 2026.
> Net debt less than 2x EBITDA (unchanged from before).
>Dividend based on available cash flow amounting to approximately 50% of net profit (unchanged from before).
NCAB's first quarter report for Jan-March 2022 will be published tomorrow, April 28, at 07.30 CEST. A conference call on the report and the new financial targets will be held at 10.00 CEST the same day. Call in from Sweden: +46856642707 UK: +443333009263 US: +1 6319131422 PIN: 44765499 #
You can follow and listen to the presentation and the conference on the following page:
https://tv.streamfabriken.com/ncab-group-q1-2022
For further information, please contact:
Gunilla Öhman, IR Manager, Telephone: +46 707 63 81 25
E-mail: gunilla.ohman@ncabgroup.com
About NCAB
NCAB is a worldwide leading supplier of printed circuit boards, listed on NASDAQ Stockholm. NCAB offering PCBs for demanding customers, on time with zero defects, produced sustainably at the lowest total cost. NCAB was founded in 1993. Since its foundation, the operations have been characterized by an entrepreneurial and cost efficient culture and have over time showed strong growth and good profitability. Today, NCAB has local presence in 15 countries in Europe, Asia and North America. Revenues in 2021 amounted to SEK 3,220 million. Organic growth and acquisitions are part of NCAB’s strategy. For more information about NCAB Group please visit us at www.ncabgroup.com.