Mycronic's

financial goals

Growth

The long-term goal of achieving net sales of SEK 5 billion no later than 2023 still holds firm. The net sales target will be reached through a combination of organic growth and acquisitions.

Net sales in 2020 were SEK 3,882 million.

Profitability 

EBIT will exceed 15 percent of  net sales over a business cycle. The EBIT margin during 2020  was 23 percent.

Capital structure 

Net debt will be less than 3 times average EBITDA (operating profit before interest, tax, depreciation and amortization). The average is calculated over three years. At year-end 2020 net cash was SEK 1,039 million.

The possibility to take on debt allows the Group to expand further to achieve long-term growth and profitability goals.

Vision - our target

To be the most trusted partner to the creators of tomorrow’s electronics.

Purpose - our motivation

Bring tomorrow's electronics to life.

Mycronic's vision and purpose are expressed in English as this is the Group's corporate language.