Vision Y – Global Values (VY-GV): 2008 – 2012
GAC Group's five year strategic plan Vision Y – Global Values (VY-GV), launched 1 Jan 2008 and included strategic plans to achieve the goals that would guide GAC's actions in the coming years. By 2012, the aim was to achieve:
USD500 million in operating income
USD125 million in operating profit
25% operating margin
USD50 million net profit
Equity to asset ratio greater than 30%
Debt to equity ratio less than 2.3
Staff turnover less than 10% per year
Lost time incidents/injuries down to zero- or less than zero