FISKARS AS AN INVESTMENT

To deliver on Fiskars’ mission to create a family of iconic lifestyle brands and on the vision to create a positive, lasting impact on the quality of life – making the everyday extraordinary, Fiskars Group has established long-term financial targets.

Fiskars’ long-term financial targets cover four areas: growth, profitability, capital structure and dividend:

• Growth: The average annual net sales growth to exceed 5%, through a combination of organic growth and targeted acquisitions
• Profitability: EBITA margin to exceed 10%
• Capital structure: Net gearing* below 100%
• Dividend: Fiskars aims to distribute a stable, over time increasing dividend, to be paid biannually

* Net gearing ratio is the ratio of interest-bearing debt, less interest-bearing receivables and cash and bank equivalents, divided by total equity.