STOCKHOLM – Note has announced new financial and sustainability targets for the coming years, with a goal to achieve sales of SEK7.5 billion ($716.6 million) by 2027.

The company said that sales goal is to be reached through high organic growth, complemented by carefully selected acquisitions.

Note's ongoing sustainability goals are that its operations, within the framework of scope 1-2 according to the Greenhouse Gas Protocol, should be 100% carbon dioxide neutral, and all units within the company should be workplace environment certified according to ISO 45000.

"The demand for electronic production remains strong in Europe and is expected to grow by approximately 7% per year, primarily driven by regionalization and the increasing use of electronic products in society," said President and CEO Johannes Lind-Widestam. "We are currently seeing a short-term restraint in the market linked to excessively high inventory levels in certain customer segments. We anticipate that the market will gradually strengthen and expect to continue our strong growth in the future. Therefore, we have chosen to update and clarify our financial targets going forward."

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