Financial targets
Kemira’s financial targets and outlook for 2020
Financial targets and historical figures
| Targets | 2016 | 2017 | 2018 | 2019 |
| Above-the market growth | EUR 2,363 million
Change 0% |
EUR 2,486 million
Change +5% |
EUR 2,593 million
Change +4% |
EUR 2,659 million
Change +3% |
| Operative EBITDA 15-17% |
12.8% | 12.5% | 12.5% | 15.4% |
| Gearing below 75% | 54% | 59% | 62% | 66% |
Read more: Debt Information
Outlook for 2020
Kemira expects its operative EBITDA to increase from the prior year (2019: EUR 410 million).
| EUR million | 2016 | 2017 | 2018 | 2019 | 2020 outlook |
| Operative EBITDA | 303 | 311 | 323 | 410 | “Increase” |