Financial targets

Our financial targets for 2023 and beyond is clear.

Axactor has set realistic targets which outline a clear direction going forward(*)

Dimension Targets 2023 Targets 2024 and beyond

Growth

NPL investments of EUR 100 -150 million

NPL investments of EUR 200 –300 million.

Profit

Minimum 9% ROE

Unclear visibility on cost of funding. See below for underlying long-term potential

Returns

20 -50% dividend payout ratio (**)

20 -50% dividend pay-out ratio

Leverage (***)

Maximum leverage of 3.5x at year-end

Maximum leverage of 3.5x

(*) Published 11 January 2023
(**) Based on FY2023 results and onwards.
(***) Leverage = (net interest-bearing debt / pro-forma adjusted cash EBITDA). As defined in the bond covenants.

Our targets in a historical perspective(*)

Targets 2023
(*) Published 11 January 2023

Where are we heading beyond 2023?(*)

ROE YTD 2023
(*) Published 11 January 2023

Want to know more?

Kyrre Svae

Chief of Strategy and IR

+47 478 39 405

kyrre.svae@axactor.com