Railway specialist Railcare today announces new financial targets, on the back of the company's strong operational and financial performance in recent years. The new targets reflect the company's continued high ambitions, with a stronger focus on profit growth.
Railcare's Board of Directors has adopted the following financial target:
The new target is average annual EBIT growth of at least 10 percent over a business cycle.
“Railcare is in a strong position and continues to develop in a market of vital importance to society, characterised by structural growth. Our new financial targets demonstrate our ambition to grow and improve the company's profitability,” says Mattias Remahl, CEO.
The company's previous targets, which applied until the end of 2027, included net sales of SEK 1,000 million and an operating margin of 13%.