Implenia wants to go higher with profitability in the future (archive image)
In the short to medium term, an EBIT margin of around 3.5 percent should be achieved, Implenia announced on Tuesday at the Capital Markets Day. In the medium to long term, the group aims to achieve an EBIT margin of over 4.5 percent. That’s slightly more than before. So far, Implenia had aimed for an operating profit margin of 4.5 percent in the medium to long term.
The group is sticking to its EBIT target for the current 2022 financial year of more than 130 million francs. The company again emphasized that there would be no further one-off effects from the transformation. This should originally have come from the sale of businesses, as CEO André Wyss explained in August at the half-year conference.
They decided not to sell these businesses because they went better than expected. In the old financial targets of more than 120 million francs EBIT for the year as a whole, 20 million francs of one-off effects were planned. They won’t come now.
This means that the other operating units would have to deliver more than before in order to achieve the higher new financial target of 130 million EBIT, Wyss said at the time.
Implenia wants to stabilize and increase sales in the short to medium term, mainly through organic growth. In the medium to long term, sales should be increased through organic growth and selective acquisitions, it was said on Tuesday.
Based on the strong operating business, the equity ratio should be improved to over 20 percent by 2023. In the medium term, an equity ratio of 25 percent is to be achieved.
“Implenia wants the shareholders to participate in the company’s success once the transformation is complete. Therefore, the group intends to propose to the general meeting a cautious resumption of dividend payments from spring 2023. Further medium-term financial goals are a positive free cash flow and the return to a net cash position through profitable operating business.