Investors
Key figures and presentations

Latest financial presentations

Explore first 6 months interim report and presentation

Key figures

Get a more in-depth overview of our key figures

Financial Targets and Policies
  • Dividend
    • Dividend of DKK 2.5 billion for FY 2016 in 2017 (6 DKK pr. share)
    • For subsequent years towards 2020, our target is to increase the dividend annually by a high single digit rate compared to the dividend for the previous year
    • Our dividend policy is subject to our commitment to maintain a Baa1/BBB+ rating profile
  • FFO/Adjusted Net Debt

    Our financial policy is to have an FFO to adjusted net debt of around 30%.

    Please refer to the Annual Report for the definition and calculation of FFO and adjusted net debt.

  • Rating
    Our financial policy is to maintain a minimum rating of BBB+ / Baa1
  • ROCE

    We expect an average ROCE for the Group of 12-14% in the period from 2017 to 2023.

    Please refer to the Annual Report for the definition and calculation of ROCE.

Financial Outlook
  • EBITDA
    Business Performance EBITDA for 2017 is expected to total DKK 15-17bn.
  • Gross investments
    Gross investments for 2017 are expected to amount to DKK 18-20bn.

Download our annual reports in full length

Analysts and estimates

Equity analysts, consensus estimates and recommendations

Download

Download General meeting material and our offering circular