Overall financial objective: Growth in earnings per share
Acroud’s target is to, over time, increase earnings per share with an average of at least 20% per year. Annual growth in earnings per share is the overall financial objective. It is Acroud’s assessment that strong growth in earnings per share is the best measure for creating shareholder value over time.
Organic revenue growth
Acroud’s long-term target is organic revenue growth in the range of 15 to 25%.
Acroud will continuously invest in the core business and new internal growth initiatives to ensure strong and sustainable organic growth. The time when growth initiatives bear fruit may vary, which means that organic growth may fluctuate over time.
It should be noted that Acroud’s definition of organic growth in the future will be based solely on net sales compared with the previous period, excluding acquisitions (last 12 months) and divestments, and exchange rate movements.
Acroud’s long-term target is a maximum net debt/EBITDA ratio of 2.0 over time.
Acroud will conduct operations at low financial risk over time by means of low net debt. The Board is entitled to derogate from this objective during periods when this is considered best for the Company and for shareholder value.
To prioritise acquisitive growth, internal growth projects, and capital structure above dividends during the next three years.
The company has historically also made a number of successful acquisitions which have migrated to the proprietary scalable platform, which has also contributed to underlying growth and earning capacity. It is important to emphasize that Acroud will continue to develop the M&A business and take part in the ongoing consolidation of the market when the right opportunity arises – however, priority will be given to a stronger focus on organic growth and capitalization of the underlying profitability of the business