NOTE Presents New Financial Targets and Sustainability Goals

Reading time ( words)

NOTE presents new financial targets and sustainability goals for the company. At tomorrow’s Capital Markets Day, NOTE’s Group Management will provide further insight into the company’s operations, strategy, new financial targets and sustainability goals.

NOTE’s new financial target is that by 2025 at the latest:

  • Reach a sales level of at least SEK 5 billion.

This should essentially be achieved through high organic growth complemented by carefully selected acquisitions.

  • Reach an operating margin of at least 10%.

Other financial targets regarding capital structure and dividends remain unchanged.

  • Capital structure – the minimum equity/assets ratio should be 30%.
  • Dividend – future profit dividends should primarily be adapted to NOTE’s investment requirements and financial position.

NOTE has been working actively on sustainability for a long time, and is participating in climate transition. With the company’s new business-adapted sustainability goals, NOTE concretises its work to contribute to the global sustainability goals according to Agenda 2030. 

NOTE’s sustainability goal is that from 2022:

  • NOTE’s operations should, within the framework of scope 1-2 according to the Greenhouse Gas Protocol, be 100% carbon dioxide neutral.
  • All units within NOTE should be work environment certified in accordance with ISO 45000.

“NOTE is still in a significant expansion phase. Based on a clear strategy with a focus on profitable growth, a strong customer base and efficient plants for electronics production, we are gaining increasing market shares. We see good opportunities to double our sales again within a few years and at the same time continue our positive earnings trend. Therefore, we have chosen to update and clarify our financial targets. Since we have been conducting active sustainability work for a long time, we have also chosen to present clear sustainability goals, which I am also very proud of”, says Johannes Lind-Widestam, CEO and President.



Suggested Items

AIM Appoints Oscar Hernandez as Sales Manager for Queretaro and Bajio Regions Mexico

03/24/2020 | AIM Solder
AIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce the appointment of Oscar Hernandez to the position of Sales Manager for the Queretaro and Bajio regions of Mexico.

SMTAI 2019: KIC's New, Smart Factory Products

10/15/2019 | Real Time with...SMTAI
MB Allen, manager of applications and sales for KIC, and Karl Pfluke, regional sales manager, update Nolan Johnson on their new product announcement from earlier this year. They also address the company's ongoing work on smart factory products.

Meet Chris Ellis, SMT007 Columnist

09/18/2019 | I-Connect007
Meet Chris Ellis, one of our newest SMT007 columnists! In his columns, Ellis addresses common problems that Manncorp customers have had with the in-house conversion process, and shares solutions that have worked in the past.

Copyright © 2022 I-Connect007. All rights reserved.