Cramo Group, Helsinki, Finland, last week during a Capital Markets Day for institutional investors, analysts and media representatives, said it has renewed its strategic and financial targets for 2010-2013. Cramo's strategic targets include positioning the company as the customer's first choice as well as “Best in town” in rental business, meaning the leading rental solutions provider in each local market — city, district or region — its serves. The company also wants to grow profitably faster than the market and to act as a driver of rental development. Cramo Group said its financial targets for 2010-2013 are to grow sales by more than 10 percent each year, achieve earnings before interest, tax and amortization (EBITA) margin above 15 percent of sales and achieve a return on equity (ROE) above 15 percent. The company said its aim is to reach the financial target levels as soon as possible before 2013. |