Financial targets and policies

DONG Energy has a number of financial targets and policies. Please click on the headlines below to read more about them.

 

 

ROCEROCE

DONG Energy expects an average ROCE for the Group of 12-14% in period from 2017 to 2020.

Please refer to the Annual Report for the definition and calculation of ROCE.

1.000000000000000
FFO/Adjusted Net debtFFO/Adjusted Net debt

DONG Energy's financial policy is to have an FFO to adjusted net debt of around 30%.

Please refer to the Annual Report for the definition and calculation of FFO and adjusted net debt.

2.000000000000000
RatingRating

​Our financial policy is to maintain a minimum rating of BBB+ / Baa1.

3.000000000000000
DividendDividend

DONG Energy expects to pay a dividend of DKK 2.5 billion for FY 2016. For subsequent years towards 2020, our target, supported by expected cash flow growth from new offshore wind farms coming into operation, is to increase the dividend annually by a high single digit rate compared to the dividend for the previous year. Our dividend policy is subject to our commitment to maintain a Baa1/BBB+ rating profile.

5.000000000000000