Long-term financial targets

The objective is to double AddLife’s earnings (EBITA) over a five‑year period through average annual growth of 15 percent. Growth is to be generated both organically and through acquisitions, where acquisitions are largely financed via the Group’s own cash flow. High profitability, measured as return on working capital (P/WC) of at least 45 percent, is a prerequisite for this.

Financial management model

Based on the Group’s overall long‑term financial targets, and each subsidiary’s situation, financial position and conditions, all subsidiaries have individual targets and financial focus areas for both earnings growth and profitability (P/WC). Measured as a share of the Group’s total net sales, approximately 20 percent of the subsidiaries focus primarily on the EBITA margin, 65 percent on increased earnings growth and 15 percent on more efficient use of working capital.

Chart: Earnings growth EBITA

Chart: P/WC

Chart: Dividend

Profit growth EBITA 15 percent

EBITA growth is, in the long term, to amount to 15 percent per year. In 2025, adjusted EBITA increased by 8 percent, of which organic growth accounted for 10 percent and acquired growth for 2 percent. Exchange‑rate changes had a negative impact of 4 percent on EBITA. Adjusted EBITA is restated for the divestment of operations during the financial year and for remeasured contingent considerations and restructuring costs in the preceding year.

Profitability 45 percent

Profitability (P/WC), i.e. the ratio between operating profit (EBITA) and working capital, is to exceed 45 percent. This target applies to all subsidiaries within AddLife. In 2025, P/WC amounted to 62 percent.

Dividend policy 30–50 percent

AddLife’s dividend policy entails a target of a dividend corresponding to 30–50 percent of the Group’s profit after tax. Account is taken of investment needs and other factors that the company’s Board of Directors deems to be of importance. The Group has strong and stable cash generation and a business model that is relatively insensitive to economic fluctuations. Net debt decreased during the year through cash flow generated by operations. The Board proposes to the Annual General Meeting 2026 a dividend of SEK 1.50 per share for the 2025 financial year, corresponding to 33 percent of the Group’s profit after tax.

8%

PROFIT GROWTH

62%

PROFITABILITY P/WC

1.50 SEK

DIVIDEND PER SHARE