Sleep Cycle to present revised financial targets
Göteborg 20 March 2024 - Sleep Cycle today will present revised financial targets at a capital markets event. Sleep Cycle’s CEO and senior members of the management team will comment on the revised financial targets and provide insights into the company’s new business strategy.Sleep Cycle’s revised financial targets: · Doubling earnings in the medium term (the previous target was 30 percent growth year over year). · Annual EBIT margin of around 25 percent (the previous target was 20 percent). The dividend policy of 40–60 percent of annual net profit remains unchanged. “