Financial targets
Our financial targets for 2026
Disclaimer
Cautionary note regarding forward-looking statements
The statements contained in this presentation may include forward-looking statements, such as statements of future expectations. These statements are based on the management’s current views and assumptions and involve both known and unknown risks and uncertainties.
Although Axactor believes that the expectations implied in any such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct.
Actual results, performance or events may differ materially from those set out or implied in the forward-looking statements. Important factors that may cause such a difference include, but are not limited to: (i) general economic conditions, (ii) performance of financial markets, including market volatility and liquidity, (iii) debtors' ability and willingness to repay debt, (iv) interest rate levels, (v) currency exchange rates, (vi) changes in the competitive climate, (vii) changes in laws and regulations, (viii) changes in the policies of central banks and/or foreign governments, or supranational entities.
Axactor assumes no obligation to update any forward-looking statement.
Dimension | Financial targets 2026 |
---|---|
Growth |
NPL investments of EUR 100-200 million annually |
Profit |
Minimum 12% ROE(*) |
Returns |
20-50% dividend pay-out ratio annually |
Leverage(**) |
Maximum leverage of 3.5x |
(*) Assuming EURIBOR and STIBOR of 2.0% and NIBOR of 2.9% in 2026. The target is excluding any possible one-time financial cost related to refinancing
(**) Leverage = (net interest-bearing debt / pro-forma adjusted cash EBITDA). As defined in the bond covenants.