Nordic Waterproofing updates its long-term financial targets as a result of the adoption of IFRS 16 and discontinued disclosure of items affecting comparability
The Board of Directors of Nordic Waterproofing Holding A/S (STO: NWG.ST) has updated the Group’s long-term financial targets following the adoption of the IFRS 16 Leases standard. In addition, the Board of Directors has decided to discontinue the disclosure of items affecting comparability.As a result of the adoption of IFRS 16 Leases standard as of January 1, 2019, and the discontinued disclosure of items affecting comparability, many key figures have been affected, e.g. EBITDA increased, ROCE-% decreased and net debt and net debt to EBITDA increased. Nordic Waterproofing therefore