Brief: Amica Aims To Pay Max. 35% Of Net Profit As Dividend Under New Strategy

Amica SA

26/09/2024 13:34

Sept 26 (Reuters) - Amica SA  AMCP.WA :
    * ADOPTS NEW STRATEGY
    * UNDER NEW STRATEGY SEES 3% RISE IN SALES IN 2027, OVER 7%
RISE
IN YEARS 2030+
    * UNDER STRATEGY AIMS TO ACHIEVE EBITDA PROFITABILITY AT
LEVEL OF
5% IN 2027 AND 7% IN YEARS 2030+
    * UNDER NEW STRATEGY AIMS TO PAY UP TO 35% OF NET PROFIT AS
DIVIDEND
    * UNDER NEW STRATEGY SEES RETURN-ON-NET-ASSETS (RONA) AT 14%
IN
2027, OVER 17% IN YEARS 2030+
    * AIMS TO REACH 25% GROSS MARGIN ON PRODUCT SALES IN 2027
AND 28%
IN 2030+
    * UNDER NEW STRATEGY COMPANY WOULD LIKE TO MAINTAIN NET DEBT
TO
EBITDA RATIO BELOW 2

Source text for Eikon:  ID:nEM1Q4BKpa 
Further company coverage:  AMCP.WA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))