Long-term financial targets
Gofore’s Board of Directors has on 20 February 2024 decided to reiterate the company’s long-term financial targets that span over the economic cycle, set in connection with Gofore’s strategy work in 2022. In brackets are the targets set in 2020, updated at the end of 2022.
- Gofore targets over 25 (over 20) percent of annual net sales growth.
- Organic growth target is over 15 (over 10) percent of annual growth.
- Gofore continues growth by acquisitions and targets 10 (10) percent of annual growth.
- Gofore’s profitability target is 15 (15) percent adjusted EBITA.
Gofore’s dividend policy continues to be paying a minimum of 40 percent of net profit in dividends.
Financial guidance
In 2022, Gofore updated its own disclosure policy so that under the policy, the company will no longer be issuing financial forecast relating to the financial period. Instead, the company will be developing the content of its monthly business reviews and interim reports, in an effort to further improve the company’s transparency and, hence, the real-time monitoring of financial developments.