Financial targets and outlook

Financial targets for the strategy period 2021–2024

Revenue: Loihde Group aims to achieve average annual revenue growth of more than 10 per cent, including potential acquisitions.

Profitability: The profitability target is an adjusted EBITDA margin in excess of 10 per cent, calculated in accordance with the IFRS standards.

Outlook for 2023

In 2023, Loihde expects revenue from the security business to increase more than 10% and revenue from the digital development business to remain at approximately the same level as last year or increase. The Group’s adjusted EBITDA is estimated to improve compared to 2022, when it was EUR 10.3 million.