Hexatronic adjusts financial target
23 Feb 2021
The board has reviewed Hexatronic’s financial target in connection with the year-end 2020 financial statements.
Given Hexatronic’s strong development, market position and future opportunities, the board has chosen to adjust Hexatronic’s profitability target to 10 percent EBITA-margin (earnings before amortisation of intangible assets) over a rolling 12-month period from the previous 9 percent EBITA-margin.
Previously set growth targets for the Group to grow more than its market organically and with an annual growth rate of at least 20 percent, organic and/or acquisition-driven, remain.