Economic responsibility
 By economic responsibility, Atria refers to meeting its financial targets in such a way that it can generate economic added value to the shareholders and other stakeholders on a long-term basis and increase well-being in the surrounding communities and society. In order to reach the financial targets, Atria’s business must first and foremost be profitable. This is supported by good competitiveness and efficiency, together with business risk management.
For Atria, economic responsibility also means complying with healthy and responsible business practices. Corporate responsibility, decisionmaking and administration are subject to national legislation and regulations, as well as the Corporate Governance Code for Finnish listed companies, which Atria has followed from the beginning of 2009. Profitability and efficiency create the preconditions for bearing social and environmental responsibility. Atria believes that socially and environmentally responsible conduct also works in the other direction by strengthening economic responsibility.
Atria has defined the following five financial targets for its operations:
- EBIT at least 5% of net sales
- Equity ratio at least 40%
- Share of international operations at least 50% of net sales
- Return on equity (ROE) at least 12%
- Dividend distribution at least 50% of profit for the period
|
|