In connection with Capital Markets Day, Kindred Group will present new financial targets for 2025, including revenue of above £1.6bn ($1.84bn).
Other financial targets include an underlying EBITDA margin of 21-22%, and a distribution policy of approximately 75-100% of free cash flow, after M&A.
Kindred will host a Capital Markets Day in London later today, where CEO Henrik Tjärnström and members of the management team will present the company’s long-term strategic direction and priorities for the coming years.
Priorities include gaining further market share by “being a trusted source of entertainment” in the group’s existing core markets in Europe and Australia, which are expected to grow with a CAGR of 7% between 2021 and 2026, as well as developing a strong position in the Netherlands.