Long-term financial targets

Our long-term financial targets were introduced at our Capital Markets Day on 18 January 2023. 

For the FY2026, we expect to deliver:

• 13-15% EBITA margin in Mining
• ~8% EBITA margin in Cement

Capital structure targets

Our capital allocation is focused on having a strong balance sheet while allowing for growth investments and value-adding M&A. Excess cash may be distributed either via extraordinary dividends or share buyback programmes.