Cargotec as an investment

Cargotec's Board of Directors confirmed on 5 September 2017 the financial targets for Cargotec Corporation. Targets are the following:

• Grow faster than the market (unchanged)
• Cargotec operating profit margin 10% in 3-5 years
• Service and software sales 40% of net sales, minimum EUR 1.5 billion in 3-5 years
• Increasing dividend in the range of 30-50% of EPS, dividend paid twice a year
• 15% ROCE in 3-5 years
• Gearing below 50% (unchanged)

The financial targets reflect Cargotec’s increased profitability and stability. Cargotec’s must-win battles - customer centricity, services, digitalisation and productivity - form the core of the company’s strategy. With the must-win battles, we aim to become the global leader in intelligent cargo handling.

Development on financial targets

Operating profit margin and ROCE

Dividend

* 2017 EPS figure has been restated according to IFRS 15
** Board proposal to AGM

Gearing and net debt

*Year 2017 figures have been restated according to IFRS 15