Financial targets

The global financial and economic crisis has meant that the financial targets presented as part of the ‘Towards leadership 2010’ strategy at the start of 2008 could not be maintained in 2009. For the coming period the focus will continue to be on restoring the company’s financial position.

Gamma Holding has access to financing until the middle of July 2011. The ratio of net interest-bearing liabilities to EBITDA agreed with the syndicate of banks had been set at a maximum of 4.5 at year-end 2010. The company aims to reduce this ratio structurally to below 3.0.