GfK. Growth from Knowledge
GfK. Growth from Knowledge
GfK. Growth from Knowledge
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<strong>GfK</strong> Group <strong>GfK</strong>. <strong>Growth</strong> <strong>from</strong> <strong>Knowledge</strong> April 2011Star 5: Excellent Financials21>Margin13-15 %14.3 %>Sales1,500 EUR million1,294.2 EUR million> Net indebtedness/EBITDA ~ 2~ 2.19>Tax ratio ofapprox. 30%32.7 %The fifth initiative, “Excellent Financials”, defines our medium-term financialexpectations. We are working to drive our sales quickly up to the EUR 1.5 billionmark and in the next few years will generate a margin of between 13% and15%. We have set specific targets for reducing our indebtedness. This alsoapplies to the tax ratio for the Group.
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