Sinch announces new financial targets
Stockholm, Sweden – 20 November 2024 – Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, today announces that the Board of Directors has set new financial and sustainability targets for the company. Mid-term financial targets By the end of 2027, Sinch targets to reach: · Organic growth in net sales and gross profit of 7-9% year-on-year. · Adjusted EBITDA margin of 12-14%. These targets replace the earlier target that “Growth in Adjusted EBITDA per share shall be at least 20 percent per year.” Sustainability