Financial targets
Addnode Group’s growth journey continued in 2023. Net sales grew by 19 %, while EBITA decresed by 12 %. Recurring revenue, which provides financial stability, is an important component of our business model. This revenue was 70 % (70) of net sales in 2023.
Sales growth target
Addnode Group’s goal is to achieve minimum yearly net sales growth of 10 %.
Performance 2023: growth was 19 % (53), of which 0 % (13) was currency-adjusted organic.
Earnings target
Addnode Group’s goal is to achieve a minimum operating margin before amortisation and impairment of intangible assets (EBITA margin) of 10 %.
Performance 2023: The EBITA margin was 8.6 % (11.7).
Dividend policy
Addnode Group’s dividend policy is to distribute 30–50 % of the Group’s profit after tax to shareholders, providing its net cash position is sufficient to operate and develop its business.
Performance 2023: For the financial year 2022, the Annual General Meeting decided on a dividend of SEK 1.00 (1.00) per share, corresponding to a dividend pay-out ratio of 35 % of the Group’s profit after tax.
For financial year 2023, the proposal to the Annual General Meeting is for a dividend of SEK 1.00 per share, corresponding to a dividend pay-out ratio of 48 %.
