Return on Invested Capital over the period 1 July 2019 to 30 June 2022 Percentage of Base Remuneration Less than 32% 0 32% 50% 32% to 37% 50% to 100% # Greater than 37% 100% # If the ROIC is between 32% and 37% the Percentage of Base Remuneration will be adjusted pro rata between 50% and 100
Definitely suggests to me that we should see ROIC jump between 32-37% over the next couple of years. That must be their internal forecasts. Anything above 37% and the CEO would have done an exceptional job.
BKL Price at posting:
$88.11 Sentiment: Buy Disclosure: Held
