Financial targets

The Group’s financial targets were adopted by the Board of Directors on 17 April 2018 and are described as follows:

• EBITDA margin: >7% over a business cycle
• Return on capital employed: >10% over a business cycle
• Growth: 2% organic and 5–10% including acquisitions over a business cycle
• Proposed dividend: normally 25–40% of net profit
• Debt/equity ratio: <1.0