• Target average ebit margin for 2024 was 5.47%, a 36.07% decline from 2023.
• Target average ebit margin for 2023 was 4.02%, a 37.19% increase from 2022.
• Target average ebit margin for 2022 was 6.4%, a 21.47% decline from 2021.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues