Please let us help you

You have to accept our privacy policy to send your request.

Ask a question

How can we help you?

Take me to the corporate home page
By selecting you approve our cookie policies

User identification is invalid

Ups! Something went wrong. Please try again later.

User identification is invalid

Ups! Something went wrong. Please try again later.

top-IR.jpg

Financial targets and dividend policy

The Board of Directors has adopted the following financial targets and dividend policy for the Group:

  • Net sales growth – Munters’ objective is to achieve an annual organic sales growth of  5 percent, supplemented by selective acquisitions.
  • Adjusted EBITA Margin – Munters’ objective in the medium-term is to have an Adjusted EBITA Margin of 14 percent.
  • Capital structure – Munters aims to maintain a ratio of Net Debt to Adjusted EBITDA of 1.5x to 2.5x, and may temporarily exceed this level (e.g., as a result of acquisitions)
  • Dividend policy – Munters aims to pay an annual dividend corresponding to 30–50 percent of its consolidated income for the period. The pay-out decision will be based on the Company’s financial position, investment needs, acquisitions and liquidity position. There can be no assurances, however, that in any given year a dividend will be proposed or declared.