| 2020 financial targets | ||
|---|---|---|
| Growth core business | We aim to generate profitable growth above market levels | |
| Growth related business | Organic growth of at least 15% per year | |
| EBITA margin core business | At least 4% by 2020, corresponding to a ROIC of at least 12% after tax | |
| Equity ratio | 35-40% | |
| Gearing (NIBD/EBITDA) | 1.5-3.0 | |
| Payout ratio | at least 35% |
Growth has been at the core of our strategy since our very foundation in 1919. Learn more about our journey here
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