Financial targets

Suominen's Board of Directors has set the following financial targets for the strategy period 2020-2025:

  • Net sales growth during the period: above relevant market growth
  • EBITDA margin by 2025: above 12%
  • Gearing during the period: 40-80%, including the effect of IFRS 16 Leases

How to get there

Growth

  • Sustainable products growing above the market
  • Innovation to capture the market growth
  • Targeted investments to meet the growing demand

Profitability

  • Effective utilization of production lines
  • Margin improvement through new products as well as production and raw material efficiency
  • Continued fixed cost control

Gearing

  • Balanced investment plan
  • Maintain healthy cash flow from operations

Suominen’s progress in the financial targets is reviewed on an annual basis.

To learn more about Suominen's financial figures, please have a look at the company's financial reports.

Sustainability Agenda and targets

Sustainability is at the core of our strategy and business. Our vision is to be the frontrunner in nonwovens innovation and sustainability. Sustainability is an integral part of all our operations.