Fortum's financial targets

Financial targets give guidance on Fortum's view of the company's long-term value creation potential, its growth strategy and business activities

The long-term over-the-cycle financial targets (published in Feb 2016) are:

  • Return on capital employed, ROCE at least 10%
  • Comparable net debt to EBITDA around 2.5 times

Fortum's dividend policy is to pay a stable, sustainable and over time increasing dividend of 50-80% of earnings per share excluding one-off items.

In addition, Fortum also uses the applicable Global Reporting Initiative (GRI) G4 indicators for reporting economic responsibility.