Reno De Medici - Cascades
Reno De Medici - Cascades
Reno De Medici - Cascades
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STRATEGIC PRIORITIES CASCADES<br />
Restructuring of<br />
under-performing units<br />
EBITDA excluding specific items.<br />
1<br />
Focused investing for<br />
modernization<br />
of core operations (and IT)<br />
2<br />
ROCE: objective = WACC<br />
Net debt/EBITDA: objective = 3x<br />
Optimizing capital allocation<br />
between sectors & investments,<br />
reducing working capital<br />
<strong>Cascades</strong>‟ 3 pillar strategy: Restructuration, Modernization, Optimization.<br />
3<br />
SHORT/MID-TERM<br />
MID-TERM<br />
14
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