With a set of well-defined financial and strategic targets, Nordic Waterproofing seeks to demonstrate how the Group generates value for its various stakeholders over time. These targets are well-supported and integrated into the business units of the decentralized organization.
The following targets are linked to the Group’s strategies:
Nordic Waterproofing’s goal is to exceed the growth experienced in the Group’s current markets through organic growth. In addition, the Group expects to grow through selective acquisitions.
Profitability >13 %
Nordic Waterproofing’s goal is to generate a return on capital employed (ROCE) exceeding 13 percent.
Capital structure <3.0 x
Net debt in relation to EBITDA before items affecting comparability (R12M basis), shall not exceed a multiple of 3.0 at year end.
Dividend policy >50 %
Nordic Waterproofing aims to pay an annual dividend exceeding 50 percent of its net profit. The proposed dividend will be based on the Group’s financial position, investment needs, liquidity position, as well as general economic and business conditions.