Nordnet presents updated financial targets

Today Nordnet presents updated medium-term financial targets. At the capital markets day that the company is arranging today, Nordnet’s CEO and executive management will give additional insights into ongoing business and strategy, as well as commenting on these new financial targets.

Nordnet’s updated medium-term financial targets are as follows:

• Around 15 percent annual customer growth.
• Average savings capital per customer (defined as average quarterly savings capital per customer over the last twelve months) of around SEK 450,000.
• Income in relation to savings capital (defined as adjusted revenues in the last twelve months divided by the average quarterly savings capital over the same period) of around 0.45 percent.
• Yearly increase of adjusted operating expenses of around 5 percent.

The company’s dividend policy is unchanged, and it is Nordnet’s intention to distribute 70 percent of statutory net income to shareholders.

This disclosure contains information that Nordnet is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 11-02-2022 09:30 CET.

For further information, please contact:
Johan Tidestad, Chief Communications Officer
johan.tidestad@nordnet.se, +46 708 875 775
 

Nordnet is a pan-Nordic leading digital platform for savings and investments. Through innovation, simplicity and transparency, we challenge traditional structures, and give private savers access to the same information, tools and services as professionals. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.