Financial Targets

Taaleri’s long-term operating profit target is at least 20 per cent of income, for return on equity in the long term at least 15 per cent, and the equity ratio target is at least 30 per cent.

Taaleri strives 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 as well as the expiry of the special permission by the Finnish Financial Supervisory Authority regarding the capital adequacy requirement.

Group key figures 1-6/2018 1-6/2017 1-12/2017 Long-term target
Earnings key figures          
Income, MEUR 35.2 38.7 81.0  
Operating profit, MEUR    12.4 15.6 27.6  
Operating profit, %  35.1 40.3 34.1 >20.0
Profit for the period, MEUR   9.4 12.5 21.8  
Return on equity*, %  17.4 26.2 21.8 >15.0
         
Balance sheet key figures         
Equity ratio, %  48.3 46.7 46.3 >30.0
Group’s capital adequacy ratio, %   178.1 272.9 251.2 >150.0
         
Per share key figures         
Earnings/share, EUR  0.32 0.44 0.76  
Equity/share, EUR  3.84 3.44 3.73  
Share closing price, EUR  10.00 9.20 10.35  
         
Share closing price, EUR         
Cost/income ratio  65.1 59.9 66.2  
Average full-time employees 177 175 175  
Market capitalisation MEUR  283.1 260.4 293.0  
Assets under management  BEUR   6.0 5.3 5.6  

* annualised