Financial Goals
The Board of Eolus adopted a business plan for 2025–2027 that marks a stronger prioritization of technologies and markets, and an ambition to become the leading European pure-play developer of renewable energy.
Based on the business plan, Eolus communicates the below financial goals:
- The Group’s operating profit shall amount to at least 1,400 MSEK in total over the period 2025–2027.
- The Group’s average return on equity shall exceed 10% per fiscal year.
- The Group’s equity/assets ratio shall exceed 30%.
- The dividends paid by Eolus shall be based on long-term earnings and correspond to 20–50% of the Group’s profit after tax. However, dividends shall be dependent on the company’s investment requirements and financial position.
Outcome 2023
| Financial Targets | Outcome 2022-2024 |
|---|---|
| Average annual sales shall amount to at least 1,000 MW during the 2022–2024 period. | Eolus did not conclude any sales of new projects during 202. Thereby, the average for the years 2022–2024 amounts to 378 MW. The goal was not achieved. |
| From 2025, average annual sales shall amount to at least 1,500 MW. | In the new business plan for 2025–2027 Eolus rebalances from focus on growth in volume of sales (MW) to growth in value of sales (MSEK). The goal is no longer relevant and has therefore been removed. |
| The Group’s average return on equity shall exceed 10% per fiscal year. | The average return on equity amounted to 19 percent over the period 2022–2024. Goal achieved. |
| The Group’s equity/assets ratio shall exceed 30%. | The equity/asset ratio exceeded 30 percent each year and amounted to 38 percent as of 31 December 2024. Goal achieved. |
| The dividends paid by Eolus shall be based on long-term earnings and correspond to 20–50% of the Group’s profit after tax. However, dividends shall be dependent on the company’s investment requirements and financial position. | The Board of Directors proposes a dividend of SEK 2.25 per share, a total of SEK 56 million for 2024. The proposed dividend follows Eolus’ dividend policy and is deemed to be justifiable with regard to the Group’s financial position and future funding needs. Goal achieved. |