Brief: Anora Updates Long-Term Financial Targets

Anora Oyj

23/11/2022 10:56

Nov 23 (Reuters) - Anora Group Oyj  ANORA.HE :
    * ANORA'S FINANCIAL TARGETS, GROWTH STRATEGY AND
SUSTAINABILITY
ROADMAP: DELIVERING GROWTH THROUGH SUSTAINABILITY
    * LONG-TERM FINANCIAL TARGETS ARE: * ANNUAL NET SALES GROWTH
OF
3-5% INCLUDING M&AS, MAJORITY BEING ORGANIC GROWTH
    * LONG-TERM FINANCIAL TARGETS ARE: COMPARABLE EBITDA AT 16%
THROUGH INCREASED FOCUS ON MARGIN ACCRETIVE BUSINESS AND SCALE
BENEFITS ON INDIRECT COSTS
    * AIMS TO MAINTAIN A STABLE OR INCREASING DIVIDEND WITH A
DIVIDEND
PAYOUT RATIO OF 50-70% OF RESULT FOR PERIOD

Source text for Eikon:  ID:nWkr7KTGYj 
Further company coverage:  ANORA.HE 
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