Latour revises its financial targets
The Board of Directors of Investment AB Latour (publ) has decided to revise Latour’s financial targets. The revision follows a strategic review and is aimed to further increase the long-term profitability and return of its holdings. The revised financial targets are: · Growth target: Remains intact, i.e., minimum 10 % annual growth of every holding. · Profitability target: Revised from minimum 10 % operating margin of every holding, to minimum 15 % average operating margin across all holdings. · Return target: Revised from 15 – 20 % return on operating capital of every