Nip Impressions logo
Thu, Nov 21, 2024 01:39
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side

Kemira updates its long-term financial targets

Kemira updates its long-term financial targets to reflect profitable growth ambitions and structurally higher margin profile.

Kemira's Board of Directors has approved the company's updated long-term financial targets, which will take effect immediately. Kemira's target for average annual organic growth has been changed to over 4% (previously: above-the market growth), and the operative EBITDA margin target has been increased to 18-21% (previously 15-18%). Operative ROCE of over 16% has been added as the new third target.

Kemira's updated long-term financial targets are as follows:
- Average annual organic growth over 4% (previously: above-the-market growth).
- Operative EBITDA margin of 18-21% (previously: 15-18%).
- Operative ROCE over 16%.

Kemira's dividend policy is unchanged. Kemira aims at a competitive and over-time increasing dividend.

Kemira is a global leader in sustainable chemical solutions.



 


 Related Articles:


 


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: