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Financial targets

Swedencare has updated its financial targets for the next 5 years to reflect the current market situation, growth ambitions and commitment to shareholder value:

New targets
  • Annual double-digit organic growth
  • Establish an Op. EBITDA margin above 26% midterm (approx. 23% Op. EBIT)
  • Dividend payout* of 40% of net profit, adjusted for non-operating costs
  • Net debt/EBITDA (proforma and adjusted for IFRS16) ratio below 2.0**

These targets underscore Swedencare’s focus on disciplined financial management, operational efficiency, and strategic expansion.

*Swedencare will propose a dividend that takes into account the group’s profit as well as its consolidation and investment needs, liquidity, and financial position.

**Subject to flexibility for acquisitions.

"Since 2014, Swedencare has evolved from a single-brand company into a diversified global pet health group, with operations in nine countries and sales across more than 70 markets. The Board's updated financial targets underscore our focus on disciplined capital allocation, margin expansion, and sustainable above-market organic growth. Supported by a scalable operating model, strong cash generation, and prudent leverage, we believe Swedencare is well positioned to deliver attractive long-term shareholder returns in a structurally growing global pet health market."

Håkan_Svanberg_2023_ihhkvd

Håkan Svanberg, Chairman of the Board, Swedencare

"Our five-year strategy is designed to position Swedencare as a global leader in pet health while delivering sustainable value for all stakeholders. By combining innovation, operational excellence, and a strong commitment to sustainability, we are confident in our ability to achieve these ambitious goals. We will continue to adapt to industry trends and invest in digital transformation to ensure we remain at the forefront of customer engagement and product development."

Håkan_Lagerberg_2024_gly9bb

Håkan Lagerberg, CEO, Swedencare

Dividend per share (SEK)

Dividend policy

Swedencare will pay a dividend that takes into account the Group's earnings development, consolidation and investment needs, liquidity and financial position. The goal is to pay a dividend of 40 percent of the profit after tax adjusted for non-operating costs.

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