Cardo presents new financial targets and new dividend policy
At the ongoing Capital Market Day in Stockholm, Cardo presents new financial targets for the Group.The financial targets that were set up for Cardo’s business-to-business divisions in 2005 were achieved in 2008. During 2009, Cardo succeeded in changing its product and market mix in a very difficult market situation and having also adopted economy measures has succeeded in further strengthening its operating margin during the first nine months of 2010. The new financial targets relate to the Group’s total operations and comprise targets for organic growth, operating margin, return on capital