Financial target

Taaleri’s Board of Directors confirms at least 20 percent of income as the new target for operating profit. Financial targets related to growth are growth of more than 15 percent per annum in assets under management for the Wealth Management segment and growth of more than 15 percent per annum in gross premiums written for the Financing segment. Taaleri’s target for return on equity over a long period is more than 15 percent and equity ratio is at least 30 percent. In addition to these, the company is endeavouring to increase the amount of dividend it distributes, and annually to distribute a competitive dividend, taking into account the company’s financial and financing situation and the capital adequacy requirements, and future investment plans.


Consolidated Financial Targets2016

2015

Target

Operating Profit Meur

16,3

20,1

-

Operating Profit, %

27,0

34,4

>15,0

Adjusted net Profit, Meur

12,8

16,8

-

Return on Equity, %

13,4

24,9

>15,0*

Equity Ratio, %

44,0

44,8

>30,0

Groups Capital Adequancy, % 268,9 259,2 >150,0

*long term objective