|Traction`s return on equity|
Traction has generated a high return on equity in relation to the Stockholm Stock Exchange's other companies.
Traction's equity is, however, valued at a discount. It has been said by some that our profits are disliked because, formally speaking, they constitute capital gains. But for us, our profits are genuine and comprise the business in which we are engaged. The return varies over time, as the result primarily occurs in conjunction with a sale and not during the period when we are working with a specific project. Anyone attempting to value our existing portfolio will not obtain a true picture of the state of affairs.
Our long-term financial goal is 15% return on visible equity, after tax.
The average return on visible equity during the last 10 years is 13%.