Our financial and non-financial targets and outcomes

We set new long-term targets for our financial and non-financial performance for the strategy period 2017–2020. The financial targets are defined separately for the Group and the two business divisions. All Group level and Equipment Rental division’s financial targets were reached in 2017.

Financial targets 2017–2020 and outcomes 2017
(targets on average, during the period)

Cramo Group

Comparable return on equity (ROE)

>15%

Target

15.4%

Outcome

Net debt / EBITDA

3

Target

1.65

Outcome

Equipment Rental business division

Organic sales growth2

>Market1

Target

4.0%

Outcome

Comparable ROCE4

>14.5%

Target

15.5%

Outcome

Modular Space business division

Organic rental sales growth3

Double digit

Target

9.3%

Outcome

Comparable ROCE4

>12.5%

Target

9.1%

Outcome

1    According to ERA, in the markets where Cramo is present
2    Organic sales growth excludes the impact of acquisitions, divestments and exchange rate changes
3    Organic rental sales growth excludes the impact of acquisitions, divestments and exchange rates
4    ROCE = EBIT (rolling 12 months) / capital employed (average start and end of the period)

Non-financial targets 2017–2020 and outcomes 2017 (2016)

Customer Care

Customer satisfaction index

>70

Target

70 (72.6)

Outcome

Employee Care

LTIR1

5

Target

9.9 (13.7)

Outcome

Social Care

Lawsuits

0

Target

0 (0)

Outcome

Environmental care

CO2 emissions, scope 1 and 2, relative sales, tonnes/MEUR

-20%

Target

17.5 (18.4)

Outcome

1    LTIR (Lost time injury rate) = Number of work-related accidents with at least one full-day absence / million working hours