Financial Targets
Growth
Long-term organic growth that outperforms the online gaming market
Profit
Long-term EBITDA margin of no less than 15% assuming that 100% of revenue will be generated in locally regulated markets subject to gambling tax
Dividend
To pay a dividend, over time, of at least 50% of profit after tax
Leverage
LeoVegas leverage ratio (net debt to adjusted EBITDA) shall not, over the long term, exceed 1.0x. LeoVegas may, under certain circumstances, choose to exceed this level during short time periods in connection with, for instance, larger acquisitions or other strategic initiatives.