Financial and sustainability ambitions
Last updated: October 22, 2020
Our financial and sustainability ambitions
Financial ambitions
| 2015 | 2016 | 2017 | 20181 | 2019 | Q1-Q3 2020 | Long-term ambition | |
|
Comparable growth |
4% |
4% |
3% |
5+% |
6% |
-1% |
5+% |
|
Adjusted EBIT margin |
8.7% |
9.4% |
9.0% |
8.1% |
8.6% |
9.2% |
10+% |
|
Net debt/Adjusted EBITDA |
1.6 |
1.8 |
1.8 |
2.3 |
2.0 |
1.9 |
2-3 |
|
Dividend payout ratio |
40% |
40% |
42% |
49% |
47%2 |
N/A |
40-50% |
All figures excluding IAC.
1 FY 2018 figures restated for IFRS 16 impact.
2 The Annual General Meeting has authorized the Board of Directors to decide at a later stage and in its discretion on the distribution of dividend in one or several instalments of a total maximum of EUR 0.89 per share. Payout ratio of 47% corresponds to a dividend payout of EUR 0.89.
Figures excluding items affecting comparability.