Financial targets
Billerud has financial targets for growth and profitability, coupled with principles governing the company’s indebtedness and dividends to shareholders.
See also: Financial data and key figures
See also: Financial data and key figures
The return on capital employed in 2024 was 8% which was a below-target performance. The improvement compared with 2023 was a result of the increased operating profit.
The EBITDA margin in 2024 was 12%, an increase from 2023 but below the level that is targeted to be achieved over a business cycle. The EBITDA margin in both regions improved.
The cash conversion in 2024 was 56% so the target was not achieved. The cash flow from operating activities declined due to negative changes in working capital.
The interest-bearing net debt to EBITDA ratio was 1.0 at year-end 2024, which means that the target level was met by a good margin.
The proposed dividend for 2024 of SEK 3.50 corresponds to 50% of the net profit and 56% of the adjusted net profit. The target was thus fulfilled.