Orthex’s financial targets
Orthex’s long‑term financial targets are the following:
| Metrics | Target |
|---|---|
| Sales growth | Average annual organic net sales growth to exceed 5% at the group level and to exceed 10% outside the Nordics (growth in local currencies). |
| Profitability | Adjusted EBITA margin (adjusted for items affecting comparability) to exceed 18% over time. |
| Leverage | Net debt to adjusted EBITDA ratio (leverage) below 2.5x. Leverage may temporarily exceed the target range (for example, in conjunction with acquisitions). |
| Payout ratio | The company aims to distribute a stable and over time increasing dividend with a payout of at least 50% of net profit, in total, on a biannual basis. |
Latest reported
4.0%
Net sales growth total
Target: Average annual organic net sales growth to exceed 5% at the group level
1.8%
Invoiced sales growth outside Nordics
Target: Average annual organic net sales growth to exceed 10% outside the Nordics (growth in local currencies)
6.6%
Adjusted EBITA margin
Target: Adjusted EBITA margin (adjusted for items affecting comparability) to exceed 18% over time
1.1x
Leverage
Target: Net debt to adjusted EBITDA ratio (leverage) below 2.5x. Leverage may temporarily exceed the target range (for example, in conjunction with acquisitions)
60.3% (EUR 0.23/share)
Payout ratio
Target: The company aims to distribute a stable and over time increasing dividend with a payout of at least 50% of net profit, in total, on a biannual basis