Hoist Finance adjusts financial targets
The Board of Hoist Finance has decided on the following adjustments of the company’s financial targets: · The time period for the average annual EPS growth of 15 per cent is amended to be applicable over a business cycle · The target regarding cost-to-income ratio is removed The other financial targets are unchanged. Background to the decision is that previously the target regarding the growth applied to a certain period of time expiring in 2023, which entailed the need for an update. The amendment marks that the growth journey must be measured and evaluated over a longer time