Financial targets

Cityvarasto's Board of Directors has adopted the following financial and operational targets for the five-year assessment period which commenced at the end of 2024 and ends at the end of 2029:

• Growth: Group net sales growth shall average above 12 per cent annually over the assessment period.

• Profitability: Group EBITDA margin shall exceed 50 per cent during the assessment period.

• Investment: Group investments shall average approximately EUR 10 million annually during the assessment period. Number of total self-storage facilities shall be approximately 100 by the end of the assessment period.

• Leverage: Group loan-to-value ratio shall remain below 35 per cent during the assessment period.

Financial targets contain forward-looking statements that are not guarantees of company's future financial performance. All financial targets presented in this site are only targets and thus they should not be treated as forecasts, estimates or calculations of the Company's financial position or performance.

Rusko, Oulu