Financial targets
Nobia’s financial targets aim to generate favourable returns and long-term value growth for shareholders. The operations are steered towards four financial targets, related to the company’s profitability, growth, financing and share dividend.
Growth
Nobia aims at an average combined organic and acquired growth rate of more than 5 per cent per year.
Profitability
Nobia's operating margin is to amount to more than 10 per cent over a business cycle.
Financing
Nobia's debt/equity ratio, that is net debt devided with shareholders' equity, is not to exceed 100 per cent. A temporary elevation of the debt/equity ratio is acceptable in conjunction with acquisitions.
Dividend
Dividends to shareholders are on average to comprise 40–60 per cent of net profit after tax. When decisions about the amount of the dividend are made, the company's capital structure is to be taken under consideration.