Financial information
Our targets
| Targets* | 2025 achievement | |
|---|---|---|
Organic growth | 4-6% Group average annual organic growth CAGR between 2026 - 2030 | 2.6% |
EBITAC margin | 24-26% Between 2026-2030 | 22% |
Cash conversion (of EBITAC) | 90-100% Annually | 109% |
Scope 1 & 2 emission reduction | 70% by 2030 Net-zero by2050 | 33% reduction |
Our financial guiderails
| Financial guiderails | Definition | |
|---|---|---|
Structural growth/growth from M&A | Around 2% annually | Net contribution of acquisitions and divestments made in the last 12-months |
Return on capital employed (ROCE) | 15% annually | 12-month average Of EBITI & financial expenses over average quarterly capital employed |
Net debt/EBITDA | Stay below 2.5x | Net debt divided by EBITDA |
Dividend | 25-35% of earnings | Dividend per share |