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Financial targets

Financial targets in the long-term (within 5 years):

Growth

Target of annual growth in bookings (order intake) of 25% on average.

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Profitability

Target of 20% EBIT margin.

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Dividend policy

For the foreseeable future, Yubico will primarily use generated cash flow for investing in continued growth.

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Guidance for 2023

Booking growth for full year 2023 may come somewhat short of the long-term financial target. EBIT-margin for 2023 is expected to be 5-15 percent, depending on development of subscription sales.