The long-term financial targets reflect our new growth strategy. Exel Composites targets to be a growing, profitable and capital efficient company. Our financial targets are:
- Turnover growth 2x average market growth.
- Operating profit margin over 10 per cent of net sales
- Return on capital employed over 20 per cent
Exel Composites’ financial goals include distributing dividends minimum 40 per cent of the profit for the financial year as permitted by the financial structure and growth opportunities.