Financial targets

Alma Media’s long-term financial targets** are as follows:

• Revenue growth: annual revenue growth of more than 5 per cent

• Profitability: adjusted operating profit margin of more than 25%

• Financial solidity: Net Debt / EBITDA ratio less than 2.5

Alma Media’s financial targets	Target level	2022	2021	2020	2019
Revenue growth	> 5%	12.1%	19.6%	-8.0%	-1.8%
Adjusted operating profit margin	> 25%	23.8%	22.2%	19.7%	19.8%
Net debt / EBITDA	< 2.5	1.6	2.3	-0.2	0.3

** Alma Media updated its long-term financial targets on February 16, 2022.