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Thu, Dec 5, 2024 02:34
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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.



 


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