Edition:
India

Ambu Updates 2020 Strategy And Upgrades Financial Targets


Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Ambu A/S ::REG-AMBU A/S: AMBU UPDATES 2020 STRATEGY AND UPGRADES FINANCIAL TARGETS IN CONNECTION WITH CAPITAL MARKETS DAY 2018.REG-AMBU A/S: AMBU UPDATES 2020 STRATEGY AND UPGRADES FINANCIAL TARGETS IN CONNECTION WITH CAPITAL MARKETS DAY 2018.TARGET REVENUE CAGR FOR THE THREE-YEAR PLAN TO BE INCREASED FROM “13-15%” TO “16-18%”,.TARGET EBIT MARGIN IN 2019/20 TO BE LIFTED FROM “24-25%” TO “26-28%”.TARGET FCF TO BE MAINTAINED AT “ AROUND 18% OF REVENUE IN 2019/20”.FOR THE FINANCIAL YEAR 2018/19, EXPECTS AN ORGANIC GROWTH RATE IN THE LEVEL OF 15-16%.FOR THE FINANCIAL YEAR 2018/19, EXPECTS EBIT-MARGIN IN THE INTERVAL 22-24%.OUTLOOK FOR THE FINANCIAL YEAR 2017/18 REMAINS UNCHANGED. 

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