In conjunction with its Capital Markets Day, Ratos is presenting its new financial targets and focus areas going forward.
New financial targets
Ratos's new financial targets focus on the earnings trend of the company portfolio, Ratos's debt ratio and the total return of the share. The previous IRR-target of a minimum of 15% will no longer be applied.
The earnings of the company portfolio should increase each year
A conservative leverage in the portfolio companies with an aggregated debt ratio, including Ratos AB, less than 2.5x (Net debt / EBITDA)
Total return of the Ratos share should over time outperform the average on Nasdaq Stockholm
Ratos continues to focus on profitability in the current portfolio. The agenda is stability followed by profitability and growth. In underperforming companies, the highest focus is on profitability-enhancing measures ensuring the right management and active corporate governance.
Comments from Ratos's CEO Jonas Wiström:
"During the year, we have made changes to Ratos's investment organisation and incentive programme and reviewed our corporate governance. We regard Ratos as having a unique position in the market and the potential for further development, with a long-term investment horizon and strong brand. The main focus for Ratos at this time is on reversing the negative trend with respect to the earnings trend of the current company portfolio.
The presentations at today's capital markets day are available at www.ratos.se
For further information, please contact:
Jonas Wiström, CEO, Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press, Ratos, +46 8 700 17 98