Brief: Alimak Group Affirms Focus On Profitable Growth And Adjusts Mid-Term Financial Targets

Alimak AB (publ)

17/06/2021 07:07

June 17 (Reuters) - Alimak Group AB (publ)  ALIG.ST :
    * ALIMAK GROUP AFFIRMS FOCUS ON PROFITABLE GROWTH AND ADJUSTS MID-TERM FINANCIAL TARGETS
    * ALIMAK GROUP AFFIRMS FOCUS ON PROFITABLE GROWTH AND ADJUSTS MID-TERM FINANCIAL TARGETS
    * DECIDED TO UPDATE FINANCIAL TARGETS AND DIVIDEND POLICY TO REFLECT VALUE CREATION
POTENTIAL
IDENTIFIED AS PART OF NEW HEIGHTS PROGRAMME LAUNCHED IN OCTOBER 2020
    * UPDATED MID-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: * REVENUE GROWTH TARGET: 5-7%
    * UPDATED MID-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: EBITA-MARGIN TARGET: 14-16%
    * UPDATED MID-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: DIVIDEND POLICY: 40-60%

Source text for Eikon:  ID:nWkrbgqpTz 
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