Strategy and targets
Our strategy – towards sustainable profitable growth
In accordance with our strategy, Eltel is based in countries in which it has a market-leading position. Lower risk and fewer capital-intensive projects will enable Eltel to continue to develop, grow and invest in order to ensure long-term value creation for the company, its shareholders and society at large. Sustainability is key to our success and an integral part of our strategy.
Our strategic focus is on investing in sus ainable profitable growth as the transformation continues. This involves:
- Increasing market share
- Innovation and new business development in adjacent markets
- Replicating successful businesses between markets
- Pursuing M&As
- Industry sustainability leadership
Our strategy, in combination with operational excellence, will create the foundation for sustainable growth, profitability and shareholder value.
Eltel’s strategy – towards sustainable profitable growth – is based on three goals that are mutually supportive and contribute to our success:
Eltel’s financial targets by end of 2025
|Group operative EBITA margin||5%|
|Annual growth in the Nordics from 2022 onwards||2–4%|
|Leverage||1.5–2.5x net debt/EBITDA|
|Dividend payout||Subject to leverage target|