Financial targets

Addnode Group’s current financial targets were announced on September 22, 2025. These targets reflects Addnode Group’s growth opportunities, potential in regards of profitability, and ambition for capital structure.

To enable comparison with previous years, net sales have been prepared (pro forma) based on the assumption that Autodesk’s new transaction model and the reclassification of third-party agreements had been in effect since January 1, 2021.

Growth Target

EBITA growth

Average annual EBITA growth should amount to at least 15 percent, which corresponds to a doubling of EBITA over five years. 

Performance 2025: Growth was 5 % (35). 

Profitability Target

EBITA margin

The EBITA margin should amount to at least 17 percent. 

Performance 2025: The EBITA margin was 15.6 % (15.4).

Leverage ratio

Net debt should not exceed 2.5x EBITDA.

Performance 2025: Net debt in relation to EBITDA amounted to 2.4x (1.1).

Dividend policy

Addnode Group’s dividend policy is to distribute 30–50 % of the Group’s profit after tax to shareholders, providing its net cash position is sufficient to operate and develop its business.

Performance 2025: For the financial year 2025, the Boards proposal to the Annual General Meeting is SEK 1.15 per share, corresponding to a dividend pay-out ratio of 41 % of the Group’s profit after tax.