Projektengagemang sets new financial targets
The Board of Directors of Projektengagemang Sweden AB (publ) has established new financial targets.
“There are great opportunities to develop the company over the next few years, and by 2025 PE will be Sweden's leading technical consultant specialising in buildings. The updated financial targets reflect our ambitions for growth going forward,” commented Chairman Per-Arne Gustavsson.
Projektengagemang’s new financial targets include:
- Profitability: 10 percent EBITA margin over time
- Growth: Annual growth of 15 percent over time, including acquisitions
- Leverage: A net borrowings/EBITDA ratio of max. 2.5
- Dividend policy: 30–50 percent of profit for the year will be distributed to shareholders.
This is a translation of the Swedish original. The Swedish text is the binding version and shall prevail in the event of any discrepancies.
This disclosure contains information that Projektengagemang 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 16-07-2021 07:25 CET.
For further information please contact:
Helena Hed, President and CEO
Phone: +46 10‐516 00 00
Peter Sandberg, CFO
Mobile: +46 10-516 03 67
Arvid Linder, Head of Communication
Mobile: +46 70 779 58 98
PE is one of Sweden’s leading engineering and architecture consulting firms. As urban planners, we create innovative and sustainable solutions shaping the development of cities and societies. We are represented throughout Sweden and our annual revenue is in excess of SEK 1 billion. PE was founded in 2006 and is listed on Nasdaq Stockholm. Find out more at www.pe.se.