Financial Goals & Strategies
The Board of Directors and Executive Management have reviewed the company’s positioning, heading and goals in upcoming years. The result of this is briefly presented below.
Financial goals
Stability and profitability constitute the basic foundations of Stille. Stille’s long-term group-wide financial goals consist of:
1. Organic growth of at least 10 percent,
2. EBITDA margin before non-recurring items of at least 25 percent,
3. Net debt/LTM EBITDA before non-recurring items shall be less than 3 over time.
With this we aim to achieve a stable and long-term return to shareholders.
Strategies
We are working for growth partly through organic growth, partly through acquisitions that complement our existing product portfolio and market presence. This applies to both our business areas.
Among other things, the action plan includes:
- Continued investments in product development.
- Acquisitions of complementary operations and products.
- Strengthened presence and organization in the USA.
- Strengthened sales organization.
- Identifying and developing additional distribution channels for our business area: surgical instrument products.
- Market expansion together with our business area distributors of operating tables
Today, Stille is a strong brand name that is very well known and with a good reputation among surgeons all over the world. We must use and administer our brand name for continuing profitable growth.