Financial targets

"Due to the strong order book, active demand and presumed alleviated impacts of the coronavirus pandemic, we expect Raute’s net sales to increase in 2021 compared to the level of the previous year. We expect the operating result to improve on the previous year mostly due to growth in net sales." (Half-year report H1 2021)

Raute's strategic goals are to improve our profitability and maintain it at a good level, to have the ability to adjust to variations in economic cycles, and controlled growth. Our financial goal is to grow faster than the markets, remain financially sound and offer our investors competitive returns.

As the actualization of our goals is strongly tied to the development of the global economy as well as the timing of our customers' individual investments, we do not disclose time-bound target values for our financial goals.

 

Strategic goal

Key actions in achieving these goals 2010

Grow faster than the market

 

  • the acquisition of Hiottu Oy
  • 55 MEUR contract with the Russian LLC Plitwood
  • significant investments in development and launches of new products, main focus on technologies for emerging markets
  • continued efforts in China and other emerging markets

Improve profitability

 

  • temporary layoffs of white-collar personnel in Finland due to the COVID-19 pandemic
  • initiated a large IT system renewal project
  • investments in developing Technology Services business

Maintain strong balance sheet

  • Equity ratio 59.3%

 

Competitive returns to investors

  • EUR 0.80 dividend*
  • 3.5% effective dividend return*

 

*Board's proposal to the AGM to be held on March 31, 2021.