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Dedicare updates profitability target for 2024

Dedicare has had a financial profitability target of its EBIT margin exceeding 7.0 percent. Its Board of Directors has decided to change its profitability target to an EBITA margin of 7.0 percent over time.

Dedicare's strategy is acquisition-led growth. The reason for this change is to enable the monitoring of profitability performance without the effect of acquisition-related assets. The transfer to an EBITA-based metric is also consistent with how other major staffing and consulting firms monitor their profitability targets, so it increases comparability with other companies on the European market.

This information is mandatory for Dedicare AB (publ) to publish pursuant to the EU Market Abuse Regulation (MAR) and the Swedish Securities Markets Act. This information was submitted for publication through the agency of the following contact at 3 p.m. CET on 25 April 2024.

Source:Cision
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