The role model for all rental
Our financial targets
- EBITA margin > 15% of sales over a business cycle
- Gearing < 100%
- Sales growth faster than the market
- Return on equity > 12% over a business cycle
- A stable profit distribution policy, dividends about 40% of earnings per share
Cramo People living the Cramo Story
Our must-win battles
- Deliver Cramo Story Read more
- Drive Cramo Performance Management Read more
- Win Central European Market Read more
OTHER KEY STRATEGIC INITIATIVES
- Modular space growth strategy Read more
- Dynamic pricing
- Mergers & acquisitions
Our core purpose
is to contribute to customers’ success by preventing and solving problems – making their lives easier
Target: Sales growth faster than the market
Performance: Sales target was achieved. Sales growth was 2.5% and in local currencies 4.9%.
Target: EBITA margin above 15% of sales over
a business cycle
Performance: EBITA margin after non-recurring items increased to 12.7% from 10.8%. EBITA and EBITA margin were affected by non-recurring items amounting to MEUR 2.0, EBITA before non-recurring items was MEUR 87 and EBITA margin was 13.0%, i.e. below target level. Efforts continue to reach the target level.
Target: Return on equity higher than 12% over
a business cycle
Performance: Return on equity was 10.5%. Comparable ROE before non-recurring items was 10.9% and below target level. Efforts continue to reach the target level.
Target: A maximum gearing of 100%
Performance: Gearing was 75.1% and clearly met the target level. Gearing was positively affected by strong cash flow.
Target: Stable profit distribution policy with about 40% of earnings per share paid as a dividend.
Performance: Dividend in line with the policy. The Board proposes a dividend of EUR 0.65 per share for financial year 2015, representing 56% of comparable earnings per share before non-recurring items.