FINANCIAL TARGETS AND GUIDANCE

Aspo's financial goals, derived from its strategy, are based on calculations made from the company's profit-making capabilities, and they are closely interconnected. 

Aspo creates value by owning and developing businesses in the long term. The improved operating profit margin target is supported by Aspo's business development measures and changes in the business portfolio. In addition to organic growth, the aimed growth is driven by investments in acquisitions and a strategic shift towards a compounder profile. Mergers and acquisitions are a key part of value creation, and the aim is to create growth and income flow through these.

ASPO's LONG-TERM FINANCIAL TARGETS ARE:

• Operating profit of 8% 
• Net sales growth 5–10% per year 
• Return on equity of over 20% 
• Gearing less than 130%

financial GUIDANCE FOR 2023, given on February 15, 2023:

Aspo Group’s comparable operating profit will be higher than EUR 35 (55.3) million in 2023.

Comparable operating profit is calculated by adjusting the operating profit by adding or subtracting capital gains and losses, goodwill impairment losses and other items affecting comparability.