In June 2008 the Stockmann's Board confirmed the Group's new
financial targets up to 2013.
|
Return on capital employed |
EBIT% on revenue |
Sales growth |
Equity ratio |
|
|
2009 |
5.8% |
5.0% |
In line with industry average |
44.1% |
| 2008 |
8.3% |
6.5% |
In line
with industry average |
39.0% |
|
Targets 2008, |
20% |
12% |
Above industry average |
At least 40% |
| 2006 |
22.9% |
10.0% |
On a par with industry average |
74.5% |
|
Targets 2006, |
22% |
10% |
Above industry average |
At least 50% |
|
2005 |
19.6% |
6.7% |
Achieved |
66.4% |
|
Targets 2005, |
At least 20% |
At least 8% |
Above industry average |
At least 50% |
|
2004 |
14.3% |
4.9% |
Achieved |
|
|
2003 |
13.2% |
4.7% |
Achieved |
|
|
2002 |
12.6% |
4.7% |
Achieved |
|
|
2001 |
9.8% |
3.6% |
Achieved |
|
|
Targets 2001 |
At least 15 % |
At least 5 % |
Above industry average |
Stockmann's Board of Directors has set the dividend payout
target over half of the earnings derived from the company's
ordinary operations. The financing required to grow operations is
nevertheless taken into account in determining the dividend.