Vestum's overall target is to create long-term profitable growth by acquiring and developing high-quality companies with good cash flows and strong market positions.
The Board has decided on the following financial targets:
- Vestum’s target is to generate an average annual growth in EBITA per share of at least 15 percent.
- Vestum’s target is to achieve an EBITA margin of at least 10 percent.
- Capital structure
- The financial net debt in relation to EBITDA shall be 2.5-3.5x.
- Dividend policy
- All of Vestum's profits and available cash flows will be reinvested in the business and/or used for new acquisitions.
In the latest issue of Affärsvärlden, Conny Ryk is interviewed about Vestum. You can read the interview on the web or in the physical issue that comes out on September 5.
Conny Ryk (CEO) is a guest on the latest podcast Banking with Daniel.
As Vestum releases its Q2 report, Conny Ryk (CEO) joins Di TV on Friday morning at 08:45 to talk about it.
Vestum's interim report for Q2 is released today. Download and read it here and watch the video (Swedish) regarding the report.
Vestum has joined the UN Global Compact – a platform for management, development, implementation and reporting of responsible business practices.
Vestum has agreed to acquire 100% of the shares in Isodrän AB and MDT Markvaruhuset AB. The companies will be included in Vestum’s Infrastructure segment. The acquisition is subject to customary closing conditions, including merger control clearance.
Today we welcome Akershus Elektro to Vestum! Akershus Elektro is our first acquisition in electrical installations in Norway, and the sixth for Vestum overall.