'Back on Track'
Since the beginning of 2012, Grontmij has put in place a new strategy for the period 2012 to 2015: the ‘Back on Track’ strategy. It is based on two pillars:
In 2012, the emphasis was on restructuring. Grontmij has successfully completed a substantial part of the restructuring plan, working according to schedule and on time and including preparations for the intended divestment of the French Monitoring & Testing business that was announced in early 2013. From 2013 onwards, the remaining part of the restructuring will be implemented and Grontmij will gradually shift its focus on realising profitable growth, the second pillar of the ‘Back on Track’ strategy.
Financial goals to 2015
The financial goals of the ‘Back on Track’ strategy for 2012-2015 are:
- Target EBITA margin: 6-8% on total revenue in 2015
- Target revenue: 3-5% organic growth per year (with 2012 as base year)
- Target trade working capital ratio: maximum 15% of total revenue by the end of 2013