Relais Group Capital Returns Focus

Following its first Capital Markets Day, Relais Group Oyj has set new financial targets emphasizing 10%+ EBITA growth and 13%+ ROCE, shifting focus toward capital allocation and organic growth.

Key Takeaways

• 1.Relais introduced new financial targets including at least 10% adjusted EBITA growth over the cycle and a minimum of 13% ROCE.
• 2.The company is shifting its strategy from an 'acquisition spree' in 2025 toward organic growth and disciplined capital allocation to improve shareholder returns.
• 3.Relais' strategy rests on three pillars: Local entrepreneurship, Focused M&A, and Disciplined capital allocation.

Table of Contents

• New financial targets are reachable
• Strategy builds on entrepreneurship
• RELAIS VALUE CREATION PATHWAY FOR 2026E-28E STRATEGY PERIOD
• Technical Wholesale - the stable cash cow
• Commercial Vehicle Services has improvement potential
• FURTHER GROWTH POTENTIAL THROUGH COMPLETED ACQUISITIONS
• Products and Solutions - the scalable growth engine
• We welcome increased focus on capital returns
• OUR ESTIMATES VERSUS PRE-Q1 CONSENSUS
• SUMMARY TABLE - KEY FIGURES

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial