Business Model

Value Creation

Investing in our customers is investing in our shareholders. They too benefit from our long-term focus on the highest level of customer satisfaction. In combination with sound financial management, a strong market position and growing profits, we are convinced this is the key to a sustainable dividend policy and satisfied shareholders.

Sustainable and attractive total shareholder returns

• Progressive regular dividend, +3-5% annual growth covered by growing Free Cash Flow
• Excess cash could be utilized for operational and financial flexibility and shareholder remuneration