OEM International raises EBITA margin target
The board of OEM International AB has decided to raise the group’s financial target for the EBITA margin to at least 12 percent (previously 10 percent) per year over a business cycle."Over the years, OEM has invested in systems and developed more efficient processes, which has resulted that the EBITA margin has gradually strengthened. The average EBITA margin in the last 15, 10 and 5 years has been 11.4 percent, 11.7 percent, and 12.5 percent. The EBITA level for 2022 was 16 percent. The increased EBITA margin target clarifies the group's profitability ambition and provides good