The company reduced its annual average growth to 5% (from 8%). Other targets are confirmed: - capex at or below 2.0% of sales; - R&D spending at 2.0-2.5% or sales; - tax rate rate at 28%; - pay-out ratio at 40-50%.
22 Nov 2016
Capital Markets Day: average growth at 5% over a cycle
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Capital Markets Day: average growth at 5% over a cycle
Alfa Laval AB (AA9:FRA) | 0 0 0.4% | Mkt Cap: 83,157m
- Published:
22 Nov 2016 -
Author:
Marzio Foa -
Pages:
2
The company reduced its annual average growth to 5% (from 8%). Other targets are confirmed: - capex at or below 2.0% of sales; - R&D spending at 2.0-2.5% or sales; - tax rate rate at 28%; - pay-out ratio at 40-50%.