Investor Relations
Developing our business in line with Coor’s vision requires a long-term approach to sustainability. Coor creates value in three dimensions – business responsibility, social responsibility and environmental responsibility – and regularly reports its results in relation to the company’s long-term targets.
Annual organic growth of 4–5 per cent over the course of a business cycle.
Coor reported positive organic growth of 2 per cent for 2025, which is below the company’s target over a business cycle. Organic growth was positively impacted by new contracts and high variable volumes in Coor’s Norwegian operations, while ended contracts in Coor’s Danish operations had a negative impact on organic growth.
The target is to distribute around 50 per cent of the company’s adjusted net profit for the period (before amortisation and impairment of intangible assets) in ordinary dividends to the shareholders.
Outcome 2025: 88 per cent
The target is to distribute around 50 per cent of the company’s adjusted net profit for the period (before amortisation and impairment of intangible assets) in ordinary dividends to the shareholders.
The target is to maintain a high level of customer satisfaction over time (Customer Satisfaction Index) ≥70.
The outcome for the year – a score of 72 – indicates a level of customer satisfaction that is slightly higher than the company’s target of 70.
Net debt of less than 3.0 times adjusted EBITDA in the medium term.
Outcome 2025: 2.6 X
Coor’s leverage amounted to 2.6 times adjusted EBITDA, which is in line with the company’s target. We noted a lower leverage than last year, mainly due to higher profitability and improved cash conversion.
A cash conversion rate in excess of 90 per cent in the medium term.
Outcome 2025: 99 per cent
The outcome of 99 per cent for 2025 exceeds Coor’s target. In the preceding year, an increase in working capital was noted, resulting in a low cash conversion of 57 per cent. The company implemented a number of measures to restore the level of working capital in 2025. The measures implemented resulted in improved cash conversion during the year.
An adjusted EBITA margin of around 5.5 per cent in the medium term.
Outcome 2025: 4.8 per cent
In 2025, Coor had an adjusted EBITA margin of 4.8 per cent. While the margin is below Coor’s medium-term target, it has gradually improved due to the measures taken during the year. Accordingly, we feel confident in our ability to achieve profitable growth going forward and we see good prospects for continued margin improvements that will gradually bring the company back to its target of 5.5 per cent.
Read more
For financial performance, dividends and share information, see the page about Coor's Share.
Coor’s target is to reduce its absolute scope 1 and 2 emissions by 75 per cent by 2030 compared with the base year 2018. The interim target is to reduce emissions by 50 per cent by 2025.
Coor continued to reduce its absolute scope 1 and 2 emissions in 2025. The reduction compared with the base year 2018 was 54 per cent, which means that the company has exceeded its interim target of reducing emissions by at least 50 per cent by 2025.
This performance was mainly driven by increased use of fossil-free fuels, continued electrification of the vehicle fleet, and energy efficiency improvements at our premises. The base year 2018 was recalculated during the fourth quarter to include previous acquisitions.
In scope 3, Coor has a target for 75 per cent of emissions from purchased goods and services as well as upstream transport to come from suppliers who have had their targets validated by the SBTi or an equivalent body by 2026.
The share of emissions from purchased goods and services from suppliers with validated SBTi targets increased during the year and amounted to 48 per cent for full-year 2025.
In scope 3, Coor aims to reduce emissions (CO2 eq) from food and beverage by 30 per cent by 2025 and by 58 per cent by 2030.
Coor continued to reduce emissions from its food and beverage deliveries compared with the base year 2018. The reduction for full-year 2025 was 37 per cent, which means that the interim target of reducing emissions by at least 30 per cent by 2025 was exceeded. The outcome was attributable to a clearer focus on climate-smart menus, the development of food concepts and more conscious product choices in customer deliveries.
Read more
Learn more about our environmental and climate initiatives on our sustainability pages.
The target is to maintain a high level of employee motivation (Employee Motivation Index) ≥70.
In the employee survey for the year, Coor maintained a high score – 78 – which is above the company’s target and slightly better than last year.
The target is a 50/50 gender balance at management level.
Across the company as a whole, the proportion of women in management positions is 52 per cent, which is in line with the company’s target.
The medium term target is to reduce the company’s TRIF (total recorded injury frequency) rate to ≤3.5.
For 2024, the company’s TRIF is 7.2, which is an increase compared with the previous year, primarily due to a higher number of less serious injuries. This has prompted an increased focus on raising awareness of the importance of a safe workplace. In addition, a complementary index will be developed that identifies the severity of injuries.
Read more
Read more about our work within social responsibility and people.
