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 security business to grow more than 10% and from digital development more than 10%. The Group’s adjusted EBITDA is estimated to improve compared to 2022, when it was EUR 10.3 million.