Share
Get to know L&T's share information and shareholders.
Economic Data
Read about L&T's economic data and financial position.
Financial Targets
L&T’s financial targets relate to revenue growth, the relationship between profitability and revenue, the ratio of net debt to EBITDA, and the dividend payout ratio.
| Indicator | Target |
|---|---|
| Average annual net sales growth | Over 6 % in the mid-term |
| Adjusted EBITA margin, % | 11 % in the mid-term |
| Net debt to adjusted EBITDA | 1.5x–2.5x |
| Dividend payout ratio | at least 50 % of net income |
Sustainability and Stakeholder targets
The following long-term sustainability and stakeholder targets have been pursued alongside the financial targets.
| Indicator | Target |
|---|---|
| Carbon footprint | Net zero by 2045 across the entire value chain |
| Customer recycling rate | 70% by 2030 |
| Total Recordable Incident Frequency (TRIF) | 15 by 2030 |
| Sickness absence rate | Below 4% by 2030 |
| Employee Net Promoter Score (eNPS) | 50 by 2026 |
| Ethical principles training coverage | 100% |
Financial position and financial arrangements
The main objectives of L&T’s Group Treasury are to ensure a sufficient and cost-efficient financing at all times and the management of financial risks. The principals of L&T’s treasury operations and financial risk management are defined in Treasury Policy approved by the Board of Directors.
Funding programmes
- Commercial paper programme: L&T will establish a commercial paper program in early 2026.
- Unused committed credit limits: EUR 40.0 million.
- Unsecured bonds: EUR 75 million until 19 May 2028.
- Banks: Nordea, OP and Danske Bank.
Bonds
Lassila & Tikanoja Plc issued in May 2022 senior unsecured sustainability-linked notes in the amount of EUR 75 million, maturing on 19 May 2028.
On 7 August 2025, Lassila & Tikanoja announced the initiation of a written procedure concerning its EUR 75 million sustainability-linked bond maturing in 2028, carrying a fixed annual coupon of 3.375 per cent. The purpose of the procedure was to obtain the necessary consents, waivers and decisions to amend the terms and conditions of the bond in connection with the partial demerger announced on the same date.
According to the proposal, all obligations and liabilities of the issuer arising from or relating to the bonds will be transferred exclusively to the new Lassila & Tikanoja Plc, which will become the new issuer of the bonds. On 29 August 2025, Lassila & Tikanoja announced that the required majority of bondholders participating in the written procedure had voted in favour of the proposal, and the proposal was thereby approved. 100 per cent of the votes cast supported the proposal, representing 99 per cent of the outstanding bonds.
Disclaimer
PLEASE READ THE FOLLOWING DISCLAIMER CAREFULLY BEFORE DECIDING WHETHER TO CLICK ON THE LINK BELOW.
The information available on the following website does not constitute a public offer of securities of any kind.
The legislation of certain countries may restrict the distribution of the information on the following website. The information on the following website or other information related to the Notes or their listing may not be distributed in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or such other countries or otherwise in such circumstances in which such distribution would be unlawful or otherwise not permitted.
The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or by any state official in the U.S. The Notes may not be offered or sold, or otherwise directly or indirectly distributed into the United States or to any U.S. person (as such terms are defined in Regulation S under the Securities Act) or on their behalf.
In the United Kingdom information may be distributed only to (a) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (b) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any person who is not a relevant person should not act or rely on the documents available on this website or any of its contents.
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By clicking on the "Accept" link below to view documents available, you will be deemed to have read, accepted and understood the foregoing disclaimer. If you press "Deny", you will return to the beginning of this page.
Sustainability-Linked Bond Framework
Lassila & Tikanoja Plc has launched a Sustainability-Linked Bond Framework. The financial characteristics of the notes are linked to the achievement of two Sustainability Performance Targets, namely reducing GHG emissions from L&T’s own operations (scope 1 and 2) and contractors’ fuel consumption for transportation (scope 3).
The Sustainability-Linked Bond Framework has been reviewed by Sustainalytics, a second opinion provider, confirming the alignment with the Sustainability-Linked Bond Principles published by ICMA. Sustainalytics consider the Sustainability Performance Targets in the framework to be ambitious and the related Key Performance Indicators to be strong, also due to the direct emission target having been validated by the Science Based Target initiative (SBTi).
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES (AS DEFINED BELOW), THE TENDER OFFER (AS DEFINED BELOW) OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Financial risk management
The principles for L&T’s financial risk management are defined in the financial policy approved by the Board of Directors. The purpose of financial risk management is to mitigate significant financial risks and strive to reduce the effects of the unfavourable fluctuations in the financial market on the Group’s result.
The Group’s financing and liquidity management are handled centrally at the Group’s financial management managed by the CFO. Transactions related to financial risk management are carried out by Group’s financial management.
