Financial Objectives

Financial Objectives

SRV’s strategy and all of its operations are guided by the 2021–2024 strategic financial objectives that were approved in February 2021:

  • Operative operating profit: 6 per cent by the end of the period.
  • Gearing excluding the impact of IFRS 16: 40-60 per cent by the end of the period.
  • As the company gradually reduces its indebtedness, SRV expects that it will pay dividends in accordance with its dividend policy no earlier than for the 1 January–31 December 2023 financial year. The longer-term objective is to distribute dividend of 30-50 per cent of the annual result, taking into account the capital needs of business operations.

The updated definition of operative operating profit is used in these financial objectives (see Outlook for 2021).