Back to SKF vertevo for investors

The prospectus, relating to the admission to trading of the shares of SKF Vertevo on Nasdaq Stockholm, included the following financial targets:

 

  • Organic growth (1): Above market over a business cycle.
  • Adjusted operating margin (2): Above 6 per cent in the medium term and at or above 8 per cent in the long term.
  • Net debt/adjusted EBITDA (3): Less than 1.0x.
  • Adjusted return on capital employed, excluding cash and cash equivalents (4): 10–13 per cent in the medium term and above 15 per cent in the long term.

At listing, the net debt is expected to be around zero, considering certain post-listing transactions. 

(1) Net sales growth excluding effects of currency and acquired and divested businesses.

(2) Operating profit margin excluding items affecting comparability.

(3) Net debt, in relation to twelve months’ rolling EBITDA excluding items affecting comparability.

(4) Return on capital employed (ROCE) excluding items affecting comparability and cash and cash equivalents.

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