Brief: Aspo's New Strategic Portfolio Vision

Aspo Oyj

14/05/2024 06:19

May 14 (Reuters) - Aspo Oyj  ASPO.HE :
    * ASPO'S NEW STRATEGIC PORTFOLIO VISION
    * WILL PURSUE A NEW PORTFOLIO VISION OF FORMING TWO SEPARATE
COMPANIES IN COMING YEARS: ASPO COMPOUNDER AND ASPO INFRA
    * CONSIDERING DIVERGING BUSINESS MODELS AND STRATEGIES WITH
DIFFERENT ESG AGENDAS, ESL SHIPPING WOULD BELONG TO 'ASPO INFRA'
AND TELKO AND LEIPURIN WOULD BELONG TO 'ASPO COMPOUNDER'
    * ASPO'S AMBITION IS TO AIM TO REACH EUR 1 BILLION IN NET
SALES
AND 8% OF EBITA (*) IN 2028
    * THIS FINANCIAL AMBITION IS ESTIMATED TO REQUIRE CUMULATED
CAPEX
INVESTMENT IN MAGNITUDE OF EUR 350-400 MILLION DURING 2024-2028,
SPLIT APPROXIMATELY FIFTY-FIFTY BETWEEN ASPO INFRA AND ASPO
COMPOUNDER
    * AMBITION FOR 2028: ESL SHIPPING: NET SALES OF EUR >300
MILLION
AND EBITA-% OF 14% (ASPO INFRA)
    * AMBITION FOR 2028: TELKO: NET SALES OF EUR >500 MILLION
AND
EBITA-% OF 8% (ASPO COMPOUNDER)
    * AMBITION FOR 2028: LEIPURIN: NET SALES OF EUR >200 MILLION
AND
EBITA-% OF 5% (ASPO COMPOUNDER)

Source text for Eikon:  ID:nGNE3DH8fc 
Further company coverage:  ASPO.HE 

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