HUMBLE RAISES FINANCIAL TARGETS AND INITIATE THE PROCESS FOR CHANGING ACCOUNTING PRINCIPLES TO IFRS AND CHANGING MARKET PLACE TO NASDAQ’S MAIN MARKET
The board of Humble Group AB (publ) (“Humble” or the “Company”) adopted financial targets for the Humble Group on 26 March 2021. On 10 August 2021, the board resolved to raise the financial growth target and the profitability target. Due to a continued strong growth, high access to attractive acquisitions and positive reception for new products and brands, the board has today resolved to again raise the financial growth target to a net turnover of SEK 16 billion and to raise and update the profitability target of a fixed adjusted EBITDA target from SEK 1.5 billion to a fixed adjusted EBITA