HUMBLE HOSTS ITS FIRST CAPITAL MARKETS DAY TODAY
Today, 19 September 2024, Humble Group AB (publ) (“Humble” or the “Company”) hosts a Capital Markets Day in central Stockholm. During the day, the Company will provide an update on its overall strategy and present the four business segments: Future Snacking, Sustainable Care, Quality Nutrition, and Nordic Distribution.
The Company will also elaborate on the new financial targets communicated on 23 August 2024:
- Growth Target – Average net sales growth of at least 15 percent per year, primarily driven by organic growth.
- Profitability Target – EBIT margin of at least 10 percent.
- Capital Structure – Net debt in relation to EBITDA should not exceed 2.5 times. However, the Company may choose to exceed this level under special circumstances for short periods in connection with acquisitions.
- Dividend Policy – Surplus funds should be distributed to shareholders when free cash flow exceeds available investments in profitable growth. Dividend distribution to shareholders assumes that the capital structure target is met.
Presentations will be made by members of Humble's management team as well as representatives from a selection of Humble's portfolio companies. The Capital Markets Day will also be broadcast through a livestreamed webcast, and the recording will be available on the Company's website after the event. The event will be held in English.
Date: 19 september 2024
Time: 13:00 –16:00
Location: Inderes Event Studio, Västra Trädgårdsgatan 19, Stockholm
For more information about the Capital Markets Day and the live broadcast, please visit: https://ir.financialhearings.com/humble-group-cmd-2024/register
Agenda:
12:30 Registration and light lunch
13:00 – 13:30 An introduction to Humble, Simon Petrén (CEO)
13:30 – 14:05 Business Strategy, Marcus Stenkil (COO)
14:05 – 14:20 Coffee break (or energy drinks)
14:20 – 15:40 Business Segment: Deep dive, Simon Petrén (VD), Jacob J. Mortfeldt (True Co.), Ashley Symonds and David Ralph (Solent Group), Shereen Young video presentation (Body Science)
15:40 – 16:00 Financials, Simon Petrén (CEO) and Johan Lennartsson (CFO)
Approx. 16:00 – 18:00 Q&A and mingle
For further information, please contact:
Simon Petrén, CEO, Humble Group AB
E-mail: [email protected]
About Humble
Humble Group is a Swedish FMCG group, which delivers next-generation consumer products that are better for people and the planet. Humble's business consists of the business segments Future Snacking, Quality Nutrition, Sustainable Care and Nordic Distribution, which have a profile within health and sustainability. The company strives to drive organic and structural growth through acquisitions and by utilizing synergies between the business entities. For more information visit www.humblegroup.se
Humble is listed on Nasdaq Stockholm, First North Growth Market, under the ticker HUMBLE. FNCA Sweden AB is Humble's certified adviser.