2016-05-24 13:11
SANDVIKEN (Direct) Sandvik’s objective of improving EBIT by 7 percent per year during 2016 to 2018 is partly set based on an annual average (CAGR) and purely operational, ie taking not taking into account any currency and metal price effects.
It points out the IR manager Ann-Sofie Nordh News Agency immediately after Tuesday morning’s presentations at the capital Markets day in Sandviken.
With the current structure of the target means that the EBIT result in 2015, 10.4 billion, will increase to at least 12.7 billion 2018th
According to SME Direkt expected Sandvik perform an adjusted EBIT earnings 11.3 billion in 2018, ie well below the target. The growth rate is expected to be even higher than the new target: 8.2 percent in 2017 and 7.7 percent in 2018, after a negative EBIT growth in 2018.
Image: Sandvik EBIT targets.
http://i.direkt.se/160524/528095501.png
Source: Sandvik.com, group show capital market day presentation, image 41 / 43rd
Direct-GB
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