The company will also elaborate on the new financial targets communicated on August 23, 2024:
- Growth targets. Average net sales growth of at least 15% per year, mainly driven by organic growth.
- Profitability target. EBIT margin of at least 10%.
- Capital structure. The net debt to EBITDA ratio shall not exceed 2.5 times. However, the company may, under specific circumstances, choose to exceed this level for short periods in connection with acquisitions.
- Dividend policy. Surplus to be distributed to shareholders when free cash flow exceeds available investments in profitable growth. Distribution to shareholders is subject to the capital structure target being met.
The presentations will be given by members of Humble's Group Management and representatives from a selection of the subsidiaries. The Capital Markets Day will also be broadcast digitally, and the recording will be available on the Company's website after the event. The event will be held in English.
Date: September 19, 2024
Time: 13:00 -16:00
Location: Inderes Event Studio, Västra Trädgårdsgatan 19, Stockholm
For more information on the Capital Markets Day and the live broadcast, please visit: https://ir.financialhearings.com/humble-group-cmd-2024/register
Agenda:
12:30 Registration and light lunch
13:00 - 13:30 An introduction to Humble, Simon Petrén (CEO)
13:30 - 14:05 Business Strategy, Marcus Stenkil (COO)
14:05 - 14:20 Break (coffee or energy drink)
14:20 - 15:40 Business Segment: Deep dive, Simon Petrén (CEO), Jacob J. Mortfeldt (True Co.), Ashley Symonds and David Ralph (Solent Group), Shereen Young video presentation (Body Science)
15:40 - 16:00 Financials, Simon Petrén (CEO) and Johan Lennartsson (CFO)
Approx. 16:00 - 18:00 Q&A and mingle
For further information, please contact:
Simon Petrén, CEO, Humble Group AB
E-mail: simon.petren@humblegroup.com
About Humble
Humble Group is a Swedish FMCG group delivering next generation consumer products that are better for people and the planet. Humble's operations consist of the business segments Future Snacking, Quality Nutrition, Sustainable Care and Nordic Distribution, which have a focus on health and sustainability. The company aims to drive organic and structural growth through acquisitions and with synergies in the business units. For more information visit www.humblegroup.com
Humble is listed on Nasdaq Stockholm, First North Growth Market, under the ticker HUMBLE
FNCA Sweden AB is Humble's certified adviser.
