Skip to main contentSkip to navigationSkip to search

Financial targets

Novedo’s overall target is to continually grow within the selected business areas and markets. This growth is to take place both organically and through acquisitions.

Growth in net sales


> 50 %

sales growth

for the year 2022–2024, including 3% mid-term organic growth.

> 10 %


per year in the mid term.

< 3,5x

Interest-bearing net debt / EBITDA [1]

[1]The ratio is calculated - in accordance with the terms and conditions of the bonds - as interest-bearing net debt (excluding or including shareholder loans, as stated) in relation to EBITDA over the most recent 12-month period (R12) (adjusted for contributions from businesses acquired during the period as if they had been included throughout the period).