ITAB establishes new financial targets
The Board of Directors for ITAB Shop Concept AB (publ) (“ITAB”) has set new financial targets that support the Group’s ambition to establish ITAB as the retail market’s leading solution provider.The financial targets for ITAB as established by the Board of Directors are: Growth:Average growth in net sales of 4-8 percent per annum over a business cycle. Growth is to be achieved by sustainable organic growth and strategic acquisitions. Earnings:Average EBIT margin (operating profit in relation to net revenue) of 7-9 percent over a business cycle. Capital efficiency:Average cash