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Annual Report 2008 English [PDF, 2.69 MB] - Tessenderlo Group

Annual Report 2008 English [PDF, 2.69 MB] - Tessenderlo Group

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annual report <strong>2008</strong><br />

<strong>Tessenderlo</strong> <strong>Group</strong>’s<br />

strategy<br />

16<br />

At the general meeting of 5 June 2007<br />

<strong>Tessenderlo</strong> <strong>Group</strong>’s strategy for the<br />

coming years was modelled.<br />

This strategy can be summarised as<br />

follows:<br />

• Leading market positions in niche<br />

markets.<br />

• Strengthening and further<br />

diversification of a balanced and<br />

integrated activity portfolio.<br />

• Increase of the specialities share to<br />

70 % of the revenue by 2012 by:<br />

- further developing the Plastics<br />

Converting activities in Europe<br />

- strengthening the gelatin activity’s<br />

top-three position in the world<br />

- further developing the activities<br />

that combine customer service and<br />

by-product valorisation.<br />

• Continuously increase profitability.<br />

• A return on capital employed<br />

(ROCE) of minimum 12 % for all<br />

businesses by 2012.<br />

• Dividend policy aimed at stable<br />

growth.

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