This will be achieved from the three core businesses:
- Containerboard Business Area – value growth i.e. increasing margins on the existing product portfolio, with a CAGR target of 2-4%.
- Packaging Paper Business Area – selective growth i.e. targeting growth in selected segments and balancing additional capacity, with a CAGR target of 0-4%.
- Consumer Board Business Area – volume growth i.e. increasing volume in key markets, with a CAGR target of 4-5%.
Per Lindberg, CEO and President of BillerudKorsnäs, comments: ”BillerudKorsnäs is well positioned to build on attractive opportunities within the primary-fibre based packaging market. I am confident that by implementing the right strategies in each of our different market segments we can achieve a healthy level of sustainable growth and at the same time create long-term shareholder value. Innovation is a key organic growth driver and is at heart of our skill set.”
The Group’s financial targets remain in line with those stated previously. “We are committed to a dividend policy of paying 50% of net profit over the business cycle. Short term, our focus is on restoring margins and paying down debt, while mid-term it is to achieve profitable growth. Longer-term our ambition is to find an optimal long-term capital structure, with a return on capital employed target exceeding 13%”, says Per Lindberg.
BillerudKorsnäs – packaging manufacturers and brand owners are offered added value in the form of brand-strengthening, productivity-boosting and environment-enhancing packaging solutions.
