Organic growth 1)
Target: Average annual organic growth over an economic cycle should be at least 5 percent. In addition, further growth will occur through bolt-on acquisitions.
Outcome: In 2015, organic sales growth was -2 percent (-1), reflecting the challenging market conditions in several segments
Operating margin 1)
Target: The operating margin should be at least 12 percent.
Outcome: In 2015, the operating margin was 13.0 percent (13.3), mainly resulting from continued high efficiency and cost control.
Return on equity 2)1)Continuing operations excluding participations in TrelleborgVibracoustic and excluding items affecting comparability
Target: The long-term return on equity should be at least 15 percent.
Outcome: In 2015, return on equity was 14.3 percent (13.7), a result of Trelleborg’s long-term efforts to streamline and rationalize production, sales and capital utilization, among other activities.
2)Continuing operations including participations in TrelleborgVibracoustic and including items affecting comparability