ACE Logistics Group is a group of logistics firms operating in the Baltic and neighbouring countries.
ACE’s aim is to be one of the leading logistics service providers in the region.
ACE shall ensure persistent and long-term satisfaction of its three main stakeholders – customers, employees and shareholders.
The main target of ACE is the steady increase of its value. The increase of value is mainly assessed by the focus on long-term stable growth, profitability and return on equity:
- Consolidated turnover growth shall exceed the growth of the logistics sector and shall be twice the domestic GDP
- Growth of Gross Margin is proportionally larger than, or at least equal to, the growth of operational expenses
- Net profit margin shall be at least 5%
- Return on equity shall be at least 30%
Financial goals must be achieved as the result of natural organic growth. At the same time, ACE is open to acquisitions and other modes of strategic partnerships. The policy for such partnerships in the home market is to retain majority ownership.
The ACE investment policy foresees that investments are to be covered by cash-flow from its activities and by external capital. The principle of a “non (hard) asset company” must be maintained.