Financial targets

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

Growth

  • Sustainable products growing above the market
  • Innovation to capture the market growth
  • Targeted investments to meet the growing demand

Profitability

  • Effective utilization of production lines
  • Margin improvement through new products as well as production and raw material efficiency
  • Continued fixed cost control

Gearing

  • 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.