Financial targets

Financial targets were updated on February 5, 2020 and they are the following:

  • Net sales for stable business to grow over two times the market growth
  • Net sales for capital business to exceed market growth
  • Comparable EBITA: 10-12%
  • Comparable return on capital employed (pre-tax), ROCE: >20%
  • Dividend payout at least 50% of net profit

 

Actions to reach Comparable EBITA target:

  • Grow the stable business
  • Focus on improving project management and execution
  • Positive margin deviation in capital projects
  • Continue to identify savings opportunities in procurement through design-to-cost and supplier relationship management
  • Increase flexibility in operations through global footprint development
  • R&D and new product launches
  • Internal efficiencies through digitalization
  • ERP project (from 2023 onwards)

 

Related key figures

 

 

Updated; Sep 8, 2021