Capital markets day in Stockholm

The day includes topics such as resilience and market exposure in the main markets, profitability development, organic growth initiatives and an M&A-strategy deep dive.

Ahlsell will reiterate both the medium-term financial targets and the comments regarding outlook as well as efficiency-enhancing measures made in the result presentation for the second quarter. 

Medium-term financial targets

Sales growth target: Achieve net sales growth of two to three percentage points above market growth through a combination of organic growth and acquisitions. 

EBITA margin target: Continuous increase in the adjusted EBITA margin.

Cash generation target: A cash conversion over time of average 90%.

Net debt / adjusted EBITDA target: Net debt/adjusted EBITDA of 2.0-3.0. The capital structure shall safeguard a solid financial position whilst allowing strategic initiatives. 

Dividend Policy target: Pay a dividend equivalent to 40-60% of net profit. The dividend must consider acquisitions, the Company's financial position, cash flows and future growth opportunities. 

In addition, Ahlsell will provide an update on the estimated effect of the new IFRS 16 regulatory framework on financial reporting when the framework is introduced in January 2019. The reporting for segments, Sweden, Norway, Finland, Denmark, Other and Central, will not be affected. Adjustments following IFRS 16 will only be made at Group level. 

Ahlsell will also highlight the topic sustainability, where Ahlsell's goal-oriented work has yielded results. In an independent external quantitative analysis conducted by Arabesque S-Ray, Ahlsell is ranked top ten percent of 6,836 listed companies globally. The analysis includes around 200 key ratios in sustainability and UN Global Compact. 

The CMD will not be live broadcasted, however, the presentation material will be published at 12:00 CEST, here.