Strategy

NoHo Partners’ strategy and financial targets: seeking controlled growth and improved profitability in the strategy period 2022–2024

The Group’s long-term financial targets for the strategy period 2022–2024 were published on 11 June 2021.

The Group’s strategic focus areas are:

Growth:

  • Profitable international growth in Norway and Denmark through
    acquisitions
  • Scaling up the Friends & Brgrs chain to a national level
  • Large and profitable urban projects

Profitability:

  • Operational efficiency improvement
  • Portfolio development
  • Maintaining profitability level in Denmark

Net debt:

  • Strong future operating cash flow
  • Maintaining achieved net debt level
  • Divestment of Eezy Plc
  • Use of treasury shares in acquisitions

 

The company will reach the targets set for the strategy cycle ending in 2024 ahead of time. The company will update its long-term strategic and financial targets for the next strategy cycle 2024-2026 and publish them during the first half of 2024 (stock exchange release on 6 July 2023).

The roots of NoHo Partners extend all the way back to 1990. Read our history here!