Financial Targets

Financial Targets

Solar has prepared a refreshed strategy for the period 2010-2015. This group strategy is designed to ensure improved financial performance and continued advancement of the group’s position as a technical wholesaler in a challenging market, where expectations for market growth in the first half of the strategy period are limited.

Read more about Solar's new strategy

Solar Group is committed to incorporating progressive market opportunities into the strategy, so that financial objectives are reached. Solar’s organisation is fully mobilised to implement the refreshed strategy with the goal of operating a profitable organisation and obtaining the position as the number 1 technical wholesaler.

Financial objectives for 2010-2015

                                             2010-2012    2013-2015
 Equity ratio    35-40%   35-40%
 Net working capital    13-14%    12-13%
 Gearing    1.5-2.5    1.5-2.5
 Dividend percentage   35-45%    35-45%