Financial Targets and Dividend Policy

The board of Cheffelo has adopted the following financial goals in the short to medium term:


The Group’s objective is stabilization of revenue development in 2023 and a Net Sales CAGR of 6-8% thereafter


The Group’s objective is to achieve a long-term EBIT margin of approximately 4–6%.

Dividend policy

Cheffelo dividend policy is meant to provide shareholders with a dividend that offers a good direct return while giving the company the opportunity to invest in strategic growth opportunities.

The target dividend over time should amount to at least 50% of Cash flow from Operating activities less CAPEX and lease amortization.