After several years of transformation to a more sustainably profitable company, there is now an increased focus on growth. It goes hand in hand with continuous improvements in ROCE and Operational EBITA margin, which is expected to remain at a best-in-class level of greater than 18 percent, even when achieving a higher pace of acquisitions.

Our new ways of working are yielding results, and we continued to improve financial performance, achieving new all-time high (ATH) levels for several KPIs in 2024. We are actively enabling a low-carbon society as well as working with our customers and suppliers to implement sustainable practices across our value chain and the life cycle of our products and solutions. We are equally committed to driving social progress, along with our suppliers and in our communities.

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04. Improving performance

Financial target framework

Continuous improvements of Operational EBITA margin within target range

Strong return on Capital Employed

Focus on cash flow

Strong balance sheet

Reinforced and accelerated sustainability agenda