Financial Targets

Financial targets

 

The Board of Directors of Exel Composites has confirmed the company’s strategy and long-term financial targets for 2019-2022. A new financial target related to net gearing was also introduced.
Stock exchange release, 18 June 2019

Our long-term financial targets are:

Financial targets are considered over a business cycle. Potential acquisitions may impact the long-term financial targets.

Vision, strategy and values »

 

Dividend policy

Exel Composites’ ambition is to distribute a minimum of 40% of net income in dividends, when permitted by the financial structure and growth opportunities.

 

Previously published

Stock exchange release, 4 November 2014

  • Growth: Turnover growth 2x average market growth
  • Profitability: Operating profit margin over 10 per cent of net sales
  • Capital efficiency: Return on capital employed over 20 per cent
  • Exel Composites aims to distribute some 40 per cent of net income in dividends, as permitted by the financial structure and growth opportunities.

Financial Statements Release 2008, 13 February 2009

  • Growth: Average organic growth annually to exceed market growth of the industry
  • Operating profit: Operating profit over 10 per cent of net sales
  • Dividend policy: Exel aims to distribute 40 per cent of net income in dividends, as permitted by the financial structure and growth opportunities.


 

Exel Composites Oyj, Vantaa head office, Mäkituvantie 5, FI-01510 Vantaa, Finland