Objectives and strategy
Auriga Industries A/S is the listed parent company in a group with Cheminova as the only subsidiary.
It is the objective of Auriga to ensure long-term value creation for the benefit of shareholders, employees and other stakeholders.
The group has decided to concentrate all resources on Cheminova, which represents the group’s core activity.
Consequently, in October 2006 a decision was made to investigate the possible divestment of the subsidiaries Hardi International A/S and Skamol A/S.
Skamol was sold on July 13, 2007, to the Danish equity fund Polaris.
Hardi was sold on November 30, 2007, to the French industrial enterprise Exel Industries.
Auriga’s overall financial objective is a stable growth in revenue and an EBIT margin of 10 per cent.
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