Suominen's Board of Directors has set the following financial targets for the strategy period 2020-2025:
- Net sales growth during the period: above relevant market growth
- EBITDA margin by 2025: above 12%
- Gearing during the period: 40-80%, including the effect of IFRS 16 Leases
How to get there
- Sustainable products growing above the market
- Innovation to capture the market growth
- Targeted investments to meet the growing demand
- Effective utilization of production lines
- Margin improvement through new products as well as production and raw material efficiency
- Continued fixed cost control
- Balanced investment plan
- Maintain healthy cash flow from operations
Suominen’s progress in the financial targets is reviewed on an annual basis.
To learn more about Suominen's financial figures, please have a look at the company's financial reports.