Financial Goals

Exel has set the following financial targets:

Higher growth than that of the market
- average annual growth 15% in core activities

Earnings per share (EPS)
- average annual growth 15% 

Dividends
- Exel aims to distribute 40% of net income in dividends

Net gearing
- below 100%

In recent years Exel has not achieved the set profit targets mainly due to difficult circumstances in the sporting goods market.