Profitability
*measured on an annual basis
10%
*measured on an annual basis
Dividend policy
Dividend >50% of the groups net profit annualy
>50%
Dividend >50% of the groups net profit annualy
Capital structure
Normal: 1.0-2.0x Max 2.5x Special: 3.0x up to 18 months
<2.5x
Normal: 1.0-2.0x Max 2.5x Special: 3.0x up to 18 months
Revenue growth
CAGR 8-10% revenue growth over the cycle including M&A
8-10%
CAGR 8-10% revenue growth over the cycle including M&A