Metsä Board aims to continue profitable growth and ensure the efficient use of capital.
Metsä Board's target for return on capital employed (ROCE) is at least 12 per cent. According to the company's target, the ratio of net liabilities to comparable EBITDA is a maximum of 2.5.
Metsä Board is a growth company. This is why the company's goal is that the deliveries of its paperboard products grow faster than the average market growth. Global demand for high-quality paperboard made from fresh fibre is expected to grow by approximately 3 per cent a year.
|Return on capital employed, comparable, % ||>12%||14.4%||11.2%||8.1%|
|Net liabilities / comparable EBITDA||<2.5x||1.0x||1.2x||2.0x|
|Growth in paperboard deliveries, % ||Annual growth in paperboard deliveries exceeds the relevant market growth||2%||15%||12%|
According to the new dividend policy, Metsä Board aims to distribute at least 50 per cent of the result for the financial period as dividend every year.
The information below will be updated half-yearly.