SSAB’s strategic goals are milestones on the road to a stronger, lighter, and more sustainable world. The financial goals shall ensure stability and value creation along that road to the advantage of the company’s shareholders and other stakeholders.
Strategic goals
Sales
| Proportion of niche steel products1) in the Group’s total sales volume 2015 |
50% |
| Asia’s proportion of the Group’s total sales volume of niche steel products1) 2015 |
20% |
Environment
Reduction in carbon dioxide emissions per tonne of steel produced in 2012 (base year 2008) |
-2% |
Social responsibility
| Yearly decrease in lost time injuries |
>5% |
Proportion of the total number of employees who have a performance and planning review during the year |
>90% |
Proportion of the total number of open managerial positions with three internal candidates for the position |
90–100% |
Financial goals
Profitability
Profitability of active capital through a market cycle, under consideration of the solidity requirements and the dividend policy
|
>15% |
Capital structure
| Long-term solidity under consideration of market conditions |
approx. 50% |
| Long-term level of net debt under consideration of the market conditions |
30% |
Dividends
| Long-term distribution of gains, adjusted to the average level of results over a market cycle and under consideration of the level of net debt. The dividend rate shall also be used to adjust the capital structure. |
approx. 50% |
1) SSAB niche products are high strength steel, which includes advanced high strength steel and quenched and tempered steel.