• NTG targets a 28-30% conversion ratio for 2029-2031, up from 23% in 2025.
• Return on invested capital including goodwill before tax is targeted above 20%, versus 17.3% in 2025.
• The 2026 outlook remains unchanged from October 26.
• Targets exclude future acquisitions, assuming GDP-linked market growth, current exchange rates and no material macroeconomic or geopolitical deterioration.
• Gross profit growth is expected to outpace underlying markets through strategic investments; this ambition is not a financial target.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NTG - Nordic Transport Group A/S published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.