V IS IO N , BU SI NESS CONCEPT, GOA LS A ND STRATEGIES
Vision, business concept, goals and strategies SALES GROWTH (%)
VISION
10 %
OEM will be a leading technology trading group in industrial components and systems in selected markets in Northern, Central and East Central Europe.
BUSINESS CONCEPT oem offers an extensive and detailed range of industrial components and systems from leading suppliers. A well-structured local market organisation and efficient logistics make oem a better alternative to
8
6
0
18
19
20
The result for 2020 was 0% compared with the minimum target of 10 %.
10% 11.6
11.2
11.0
11.7
12.9
16
17
18
19
20
The result for 2020 was 12.9 % compared with the minimum target of 10 %.
EBITA margin
Financial targets
Return on equity A minimum return on equity of 20% per annum through a business cycle. Return on equity reached 26.1 % in 2020. The average return on equity has been 28.5% for the past five years.
O E M 2 02 0
14
the suppliers' own sales organisations. oem provides a high level of expertise and service and markets the products according to the specific conditions of each market.
oem's overall business objective is to be one of the largest technology trading companies in its chosen geographic markets. Profitability will be on par with, or better than, that of the largest players in each market.
Sales growth Minimum sales growth of 10% per annum through a business cycle. In 2020, sales remained unchanged from the previous year. 1 percentage point came from acquisitions, foreign currency exchange rate movements had a negative 1 percentage point impact on growth and organic growth was 0. Average annual sales growth was 8% in the last five-year period.
15 17
EBITA MARGIN (%)
GOALS AND OBJECTIVES
oem shall deliver sustainable profitable growth coupled with a good return on shareholders' equity and with minimal financial risk. The company has four financial targets:
7 16
A minimum ebita margin of 10 % per annum through a business cycle. In 2020, the ebita margin reached 12.9 %. The average ebita margin has been 11.7% for the past five years.
Equity/assets ratio A minimum equity/assets ratio of 35 %. The equity/assets ratio was 69 % at the end of 2020. The average equity/assets ratio has been 59 % for the past five years.
RETURN ON EQUITY (%)
20 % 30
28
29
29
26
16
17
18
19
20
The result for 2020 was 26 % compared with the minimum target of 20 %.
EQUITY/ASSETS RATIO (%)
35 % 53
54
16
17
59 18
62
69
18
20
The result for 2020 was 69 % compared with the minimum target of 35 %.
