Brief: Bergs Timber Adopts Financial Targets And Presents Its Strategic Orientation

Bergs Timber AB (publ)

05/03/2021 07:04

March 5 (Reuters) - Bergs Timber AB (publ)  BRGb.ST :
    * BERGS ADOPTS FINANCIAL TARGETS AND PRESENTS ITS STRATEGIC
ORIENTATION
    * NEW FINANCIAL TARGETS ARE:ANNUAL GROWTH OF 10 PER CENT
OVER A
BUSINESS CYCLE
    * NEW FINANCIAL TARGETS ARE: EBITDA MARGIN OF 9 PER CENT
OVER A
BUSINESS CYCLE
    * NEW FINANCIAL TARGETS ARE: DIVIDEND NORMALLY 25-40 PER
CENT OF
PROFIT FOR YEAR AFTER TAX
    * NEW FINANCIAL TARGETS ARE: FINANCIAL NET DEBT LESS THAN
EQUITY

Source text for Eikon:  ID:nWkr6ht3Zc 
Further company coverage:  BRGb.ST 

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