Hexatronic adjusts financial target
February 08 2023 - 12:00PM
Hexatronic adjusts financial target
Press release February 8, 2023Gothenburg, Sweden
Hexatronic adjusts financial
target
The board has reviewed Hexatronic Group AB (publ) financial
targets in connection with the year-end 2022 financial
statements.
Given Hexatronic’s strong development, market position and
future opportunities, the Board of Directors has decided to adjust
Hexatronic’s profitability target to 15-17 percent EBITA-margin
(earnings before amortisation of intangible assets) over a business
cycle. The previously set profitability target was at least 12
percent EBITA-margin over a business cycle.
Hexatronic’s growth target of at least 20% over a business cycle
remains the same.
Gothenburg, February 8, 2023
Henrik Larsson LyonCEO Hexatronic Group
For more information, please
contact:Henrik Larsson Lyon, CEO
Hexatronic Group, +46 706 50 34 00Pernilla Lindén, CFO
Hexatronic Group, +46 708 77 58 32
This is information that Hexatronic Group AB (publ) is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of
the contact person set out above, at 18:00 CET on February 8, 2023.
This is a translation of the Swedish version of the press release.
When in doubt, the Swedish wording prevails.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq OMX Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2023-02-08 Hexatronic Group AB (publ) adjusts financial
target
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