Indutrade

Management Reports • Nov 8, 2022

Press Release

Indutrade increases target for EBITA margin – holds Capital Markets Day today

In the annual strategic review, the Board of Directors of Indutrade AB decided to increase the target for the EBITA margin for the Indutrade Group to a minimum of 14% (previously 12%) per year over a business cycle. In conjunction, Indutrade will today hold its Capital Markets Day in Stockholm, which will also be broadcasted live online.

"Indutrade has a strong platform for continued sustainable profitable growth. Our financial targets are ambitious and the increased EBITA margin target is assessed to have a good balance between profitability ambitions and ability to invest in growth initiatives. We will continue to deliver long-term and competitive value creation for our shareholders through organic improvements and profitable acquisitions", said Bo Annvik, President and CEO of Indutrade.

Following the increased EBITA margin target, Indutrade's financial targets are as follows:

Sales growth

• At least 10% per year over a business cycle. Growth is to be achieved organically as well as through acquisitions.
• EBITA margin (updated)
  • At least 14% (12%) per year over a business cycle. The EBITA margin has averaged 12.9% over the last five years.

Return on capital employed

• At least 20% per year on average over a business cycle.
• Net debt/equity ratio
  • Should normally not exceed 100%.

Dividend payout ratio

• A dividend payout ratio of 30% to 50% of net profit.

During today´s Capital Markets Day, Indutrade will provide an update on the company´s strategy and priorities for continued sustainable profitable growth. Participating from Indutrade will be President and CEO Bo Annvik, CFO Patrik Johnson, Business area managers and other members of the Group. The presentations, which will be held in English, will start at 13:00 CET and end around 16:30 CET.

To follow the presentations online, please visit: http://creo-live.creomediamanager.com/2768ee86- 07b4-4d62-af0b-b45d39b7ca9b

Stockholm, 8 November 2022

INDUTRADE AB (publ)

For further information, please contact: Bo Annvik, President and CEO Phone +46 8 703 03 00

This information is such that Indutrade AB is obligated to make public in accordance with the EU Market Abuse Regulation. The information was submitted for publication by the agency of the contact person above at 7.45 a.m. (CET) on 8 November 2022.

indutrade.com info@indutrade.com Registration No 556017-9367