ISS targets 2026-28 organic growth above 5% annually, 2028 operating margin 5.5%-6%

• ISS set 2026-2028 targets for average annual organic growth above 5%, replacing guidance issued in November 2022.
• Operating margin before other items excl IAS 29 forecast at 5.5%-6% in 2028.
• Cash conversion expected above 60% over the period.
• Like-for-like growth expected to drive a larger share of organic growth, while pricing contributes less than in 2026.
• 2026 outlook reiterated unchanged from the H1 2026 interim report released Aug. 11, 2026.

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