Financial objectives

Financial objectives

• Annual organic growth in revenue of at least 10%;
• Growth of the company, inclusive of acquisitions, to a revenue of about EUR 350 million within the next two to three years;
• Return on investment (ROI) inclusive of goodwill of more than 17.5%;
• Payment terms and stock levels at each operation in line with the market, taking account of local variations;
• A healthy free cash flow for each business unit, given the organic growth achieved by each business unit;
• Solvency ratio of about 30%;
• Interest-bearing debt/EBITDA of lower than 3.0;
• Dividend distribution of at least 30% of the net profit, unless dictated otherwise by long-term investments and/or acquisitions and/or exceptional circumstances.