Metso’s Board of Directors has decided on Metso’s new long-term financial targets in relation to Metso’s new strategy.
“Our target is to create shareholder value through growth and profitability and we will focus on growth in businesses in which we can achieve a strong global position. High share of services is important for our value creation and thus we target high growth in services in all of our businesses,” says President and CEO Matti Kähkönen.
“Profitability will be measured by earnings per share (EPS) on the group level and by EBITA margins on the segment level. By introducing segment-level profitability targets we aim to increase transparency of Metso’s businesses. We think that growth in sales and earnings together with high return on capital employed (ROCE) are the main drivers of our shareholder value going forward. Our record-high order backlog and strong balance sheet provide us with a solid backbone to support the growth,” Kähkönen continues.