Our financial ambitions and achievements

  2012  2013  2014 2015

2016

Q1 2017 New  long-term ambition
Organic growth 3% 3% 6% 4% 4% 3% 5+%
EBITDA margin 10.9% 11.2% 11.6% 12.5% 13.3% 12.7% 14+%
EBIT margin 7.0% 7.4% 7.8% 8.7% 9.4% 8.5% 10+%
ROI 12.6% 12.1% 12.6% 14.7% 14.7% 14.6% 15+%
ROE 15.8% 15.8% 16.1% 18.1% 17.7% 17.4% 18%
Capex/EBITDA 37% 50% 49% 43% 52% 50% 40%
Net debt/EBITDA 1.6 1.6 1.0 1.6 1.8 1.7 2-3
Free cash flow, MEUR                        103 56 65 91 100 -9 150
Dividend payout ratio 47% 47% 47% 40% 40% n/a 40-50%

 

In addition to organic growth, Huhtamaki aims for 5+% acquisitive growth (p.a. in average) in the long-term.