Schibsted is a limited company which aims to provide competitive financial returns based on a sound balance sheet. The company must meet the stock market’s requirements regarding yield, growth and professionalism. This is to be ensured through long-term growth and clear financial goals for operating margins, the return on capital and financial soundness.
Schibsted has a healthy balance sheet, with a sound equity ratio. Due to its increase in profitability over the past few years and financial flexibility, the Group is well positioned for increased growth.
Schibsted aims to utilise its capital more efficiently and become a leading media group in the field of risk management, both in individual projects and for Schibsted as a whole. The prioritisation of capital allocations is to become tougher. This applies to both the relationship between risks and required yields and risk elements in projects and contracts.
Financial target figures throughout a business cycle:
|
Net operating margin (EBITA): |
12 % |
|
Gross operating margin before depreciation (EBITDA): |
16 % |
|
Return on book equity: |
22 % |
|
Return on total assets: |
15 % |
|
Equity ratio: |
35 % |
|
Long-term goal for organic profitable growth: |
7 % |
The Group companies’ financial target figures may vary depending on the company’s risk profile, development phase and strategic value.