Aalberts Industries strives for stable growth that exceeds the market average. The company has been working on the objectives explained below for several decades.
Stable growth of earnings per share
The primary objective is stable growth of average earnings per share over several years.
Stable revenue growth
Stable revenue growth is essential for the long-term retention of leading market positions and the achievement of growth in earnings. This revenue growth is achieved through both organic growth and by acquisitions.
Well-balanced distribution of results
Aalberts Industries achieves a well-balanced distribution of the profit across geographical markets, market segments, and customers in order to limit dependence on a specific market or customer. The spreading of risks benefits the company’s continuity.
Leading market positions
Aalberts Industries wants to be among the leading companies in specific market segments. In many European countries and in North America, the company is market leader or is well-positioned. Since 2009, the market need for solid and technologically high-quality partners has become increasingly stronger, and this trend has continued in 2010 and 2011. Aalberts Industries has been able to strengthen its position in a number of important market segments and to acquire good starting positions for continued growth.
Solid balance sheet ratios
In order to implement the chosen strategy successfully, the available financing possibilities are constantly being optimised. The financial objectives are:
- total equity consisting of at least 30% of the balance sheet total;
- an interest cover ratio (EBITDA / net interest cost) of at least 4;
- the gearing (net debt / total equity) may not exceed 1.5.