Previously the group had an organic sales growth target of 3% per annum over an economic cycle, the income from acquisitions is over and above this. At Thursday’s meeting the group board decided to increase the target from 3% to 5%.

”For the last few years our sales have developed very well, both organically and via acquisitions. Thanks to our progress in the international market we have established a strong platform and therefore we are now increasing our growth target. We believe in our long-term potential for growth, despite the current challenging market conditions, and are in a good position to achieve this higher target,” says Fredrik Skarp, Group CEO.