Select country

For solutions in a specific country please visit your local website

Outlook & Targets

2017 Guidance Medium-Term Targets
Organic Revenue


5-6% per annum
EBITDA before Special Items margin At or above 36.5% High 30s (%)
Capex Around 8% excluding M&A activities
6-8% excluding M&A activities
Special Items DKK 150 million, of which approx. DKK 30 million are IPO-related
IPO-related retention costs expected at DKK 30 million for 2018
Capital structure

Around 2.5x, including effect of share buyback of approx. DKK 150 million to cover long-term incentive programme and including acquisition of OP’s merchant acquiring business and assuming no additional M&A activities

2.0x-2.5x assuming no M&A activities