Strategy and targets

Oriola’s purpose, 'Health for life', guides our operations together with our vision and mission. Our goal is to enable a healthier tomorrow by providing sustainable health and wellbeing products and services.

On 4 October 2021, Oriola announced initiating a transformation and turnaround process through a plan to optimise company’s operating model and simplify the organisational structure. Through these turnaround measures, Oriola streamlines processes to improve operational efficiency and reduces cost for increased profitability and cost-competitiveness. The measures announced represent the first phase in the company’s transformation during which Oriola is executing a short-term action plan with the key objective to ensure successful turnaround.

Oriola has also initiated a comprehensive strategy process.

Short-term action plan

Oriola’s short-term action plan consists of four key elements:

  1. Cost savings through simplified operating model, reduction of operating costs and rigorous cost management.
  2. Efficient net working capital management through optimised product portfolio, enhanced supplier management and supply chain planning.
  3. Excellent customer relationship management targeting to superior customer experience with one-touch point to customers.
  4. Commercial excellence through service portfolio crystallisation, pricing models revisits and enhanced margin management.

Long-term financial targets1

  • Business growth at the rate of market growth
  • Annual EPS growth over 5 per cent, without adjusting items
  • Return on capital employed of over 20 per cent
  • Adjusted gearing ratio of lower than 70 per cent2

1 Calculated excluding the impact of application of IFRS 16
2 Non-recourse trade receivables are added to the net debt

Long-term sustainability goals

  • Improving people’s health
  • Best-in-class employee engagement
  • Carbon neutrality by 2030

As a health and wellbeing company, sustainability is at the core of our operations: we promote the health of people and the entire society. Read more about Oriola’s sustainability strategy.