Nordic Waterproofing updates its long-term financial targets
The Board of Directors of Nordic Waterproofing Holding A/S (STO: NWG.ST) has updated the Group’s long-term financial targets. The Group aims to continue prioritize profitable growth and to ensure efficient use of capital.Nordic Waterproofing’s new profitability target is connected to capital efficiency and the return on capital employed (ROCE) exceeding 15 percent before items affecting comparability. This target level is analogue to the previous EBIT margin target of at least 10 percent, which has been replaced. “We believe in our business model with the two segments Products & Solutions