SSAB presents updated financial targets
SSAB presents revised financial targets at the Capital Markets Day in Stockholm.SSAB’s revised financial targets · Profitability – Industry leading EBITDA margin compared to peers* (unchanged) · Capital structure – Net gearing ratio between -20% to 20%. (Net Debt to Equity) (earlier: the net debt/equity ratio will not normally exceed 35%) · Dividend – Dividend 40% of profit after tax (earlier: 30-50% of profit after tax) · Before determining the yearly dividend proposals and capital structure adjustments the management and board of directors will evaluate the capital