Strategic and financial targets

We updated our strategic and financial targets in December 2016. We develop our operations and monitor our progress primarily in accordance with these targets. In 2017, we achieved our targets for revenue, EBIT and the equity ratio. The share of revenue represented by Managed Services grew to 57 per cent.

  Target Actions



Average annual revenue growth, includes both organic growth and potential acquisitions

  • Growth in key accounts
  • Organic growth through
    service solutions
  • Acquisitions that
    support growth




EBIT from business operations,
% of revenue

  • Shifting the business model towards Managed Services
  • Market leadership


Managed Services


The share of revenue represented by Managed Services (Managed Services Index, MSI) by 2019

  • Service solutions
  • Technology solutions
  • Project business


Balance sheet

> 30%

Equity ratio

  • Financial arrangements supporting the
    achievement of the target
  • Improving cash flow



Etteplan's growth strategy

Cornerstones of our strategy

The four cornerstones of Etteplan’s strategy are customer focus, service solutions, one Etteplan and engineering methods. Read more

Competitive advantage

Our business model is based on Managed Services. Managed Services are packaged and productized solutions where the customer buys the results rather than temporary staff or working hours.  Read more

Vision and values

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In acquisitions, which play a key role in our strategy, our focus is on increasing our competence capital and geographical expansion.   Read more

Board of Directors & Management

Operating environment


Etteplan has set the standard in engineering design for 30 years. The company has been a pioneer in the development of engineering design and methods as well as new business models. 

Events & webinars

Corporate responsibility

At Etteplan, corporate responsibility is at the core of our day-to-day business as we design hundreds of sustainable solutions for the world’s leading machinery and equipment manufacturers every year. Our highly skilled personnel play a crucial role in fulfilling our customer promise.

Financial responsibility

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Personnel and social responsibility

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Environmental responsibility

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Responding to stakeholder expectations

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Corporate responsibility reporting

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Code of conduct

Etteplan acknowledges the importance of proper business conduct and good  reputation being in its long-term interest as these create loyalty and trust in employees, shareholders, other stakeholders and the communities in which Etteplan operates. This is why we have written this Code of Conduct (“the Code”). The purpose of the Code is to present and communicate our common set of ethical values and business principles to all employees and stakeholders as well as to give internal guidance in our daily business. Etteplan encourages its suppliers and other business partners within its sphere of influence to adopt the principles of this Code. Read more