Financial goals
Bilia’s overall financial goal is to achieve an operating margin of 2.2 per cent, a return on capital employed of at least 14 per cent and a return on equity of at least 15 per cent. In 2009 our operating margin was 1.1 per cent. Return on capital employed was 8.2 per cent and return on equity was 8.6 per cent.
Operating margin
The goal is to achieve an operating margin of 2.2 per cent. The operating margin improved in 2009 compared with 2008, from –0.4 per cent to 1.1 per cent.
Return on capital employed
Return on capital employed was 8.2 per cent in 2009, compared with –0.6 per cent the year before. The goal is to achieve an ROCE of 14 per cent.
Return on equity
Bilia’s goal is to achieve an ROE of 15 per cent. ROE in 2009 was 8.6 per cent, compared with –8.0 per cent the year before.