Strategy

The Group’s strategic business agenda and targets for the period 2019-2022

Business lines and markets

  • The Group will grow, mostly organically, with a focus on a more efficient use of its existing resources.
  • In Estonia, we will operate, as a market leader, in both the building and infrastructure construction segments.
  • In Sweden, we will focus on general contracting in Stockholm and the surrounding area.
  • In Finland, we will focus on general contracting and concrete works in Helsinki and the surrounding area.
  • In Ukraine, we will focus on general contracting and concrete works, primarily in Kiev and the surrounding area.

Activities for implementing the strategy

  • Improving profitability through more precise planning of our design and construction operations
  • Increasing our design and digitalisation capabilities
  • Simplifying and automating work and decision-making processes
  • Monitoring the balance between the contract portfolios of different business segments
  • Valuing balanced teamwork where youthful energy and drive complement long-term experience
  • Noticing and recognising each employee’s individual contribution and initiative

Financial targets

  • Revenue will grow at least 10% per year.
  • The contribution of foreign markets will increase to 20% of revenue.
  • Real estate development revenue will grow to at least 10% of revenue earned in Estonia.
  • Operating margin for the year will be consistently above 3%.
  • Operating profit per employee will increase to at least 10 thousand euros per year.
  • We will, on average, distribute at least 30% of profit for the year as dividends.