Dividend Policy
Ambu’s Board of Directors has adopted a policy according to which it will propose a cash distribution to shareholders at the Annual General Meeting of up to 30% of the Group’s annual net profit via dividends and/or share buy-back programs.
Free cash flow will be allocated in the following order of priority under the guidance of the targeted capital structure:
- Investments supporting organic growth
- Investments in in-organic growth through business development supporting the growth strategy
- Cash distribution to shareholders via dividends and/or share buyback.
Ambu will maintain an efficient capital structure with a financial gearing of up to 2.5x NIBD/EBITDA, but can for a period be allowed to deviate due to transformative in-organic growth.