The Board of Directors of AB Ångpanneföreningen has issued the following formulation of the Group's overall financial objectives:
ÅF is to be the most profitable among the closest comparable companies in the industry and achieve an operating margin (EBIT) of at least 10 percent over a business cycle.
ÅF is to be a net debtor. Net debt shall not exceed 40 percent of equity.
The earlier formulation for the Group's growth target, which specifies that ÅF is to attain sales of at least SEK 5 billion by 2010, remains unchanged.
Corporate Information
AB Ångpanneföreningen
For further information:
Jonas Wiström, President/CEO
+46 (0)10-505 11 15 / +46 (0)70-608 12 20
Viktor Svensson,
Director, Corporate Information
+46 (0)10-505 12 01 / +46 (0)70-657 20 26
For immediate release:
21/08/2007