In 2014 Fugro formulated mid-term targets, both for the group and per division. Adjusted to the divisional structure as per 2017, the targets are as follows:
|
target range |
| EBIT margin group |
8 – 12% |
| EBIT margin Marine division |
10 – 13% |
| EBIT margin Land division |
8 – 11% |
| EBIT margin Seabed Geosolutions |
5 – 10% |
| Return on capital employed group |
8 – 12% |
The timeframe in which Fugro will realise these targets is dependent on a structural recovery of the oil and gas market. In the current challenging market, Fugro will continue to focus on recovering profitability and delivering positive cash flow.