Thinc Collective AB (publ) (“Thinc Collective”) has today decided on new financial targets for the period 2024-2028. The targets have been sharpened primarily with regard to the target for the group's total EBITDA margin and an increased focus on growth in Agency Revenue.
Thinc Collective financial goals 2024-2028
Thinc Collective's long-term goals are:
- That organic increase sales faster than market growth - for media and communication. The average annual growth rate should exceed 20% over time, including acquisitions aimed at consolidating the market.
- That the Group's Agency Income in 2028 amounts to at least SEK 200 million, corresponding to net sales of approximately SEK 750 million.
- Ato carry out 2-3 acquisitions annually within selected service categories and which annually add at least SEK 20-50 million in total net sales.
- Thinc Collective's goal is to achieve an annual EBITDA margin of at least 7% for the group by 2028, measured as earnings before financial items, tax and amortization of intangible assets attributable to acquisitions, adjusted for non-recurring items and compared to net sales.
- Dividend policy – At least 30% of cash flow* shall be distributed to shareholders. The dividend shall at all times be weighed against the Group's business opportunities, equity and liquidity.
- Capital structure – Thinc Collective's goal is for net debt** not to exceed 2,5 times adjusted EBITDA on an annual basis. Debt may be temporarily higher, for example in connection with major acquisitions.
Thinc Collective will annually, in connection with the publication of the Year-End Report, update its financial targets for the coming five-year period relating to sales growth and net margin.
*Cash flow from operating activities after changes in working capital
**Net debt is defined as interest-bearing liabilities minus cash and cash equivalents
