Brief: Boreo Updates Strategic Financial Targets

Boreo Oyj

27/09/2022 07:09

Sept 27 (Reuters) - Boreo Oyj  BOREO.HE :
    * BOREO CRYSTALLIZES ITS STRATEGY AND UPDATES STRATEGIC
FINANCIAL
TARGETS – FOCUS ON EARNINGS GROWTH AND RETURN ON CAPITAL
    * LONG-TERM STRATEGIC TARGETS: MINIMUM 15% AVERAGE ANNUAL
OPERATIONAL EBIT GROWTH
    * LONG-TERM STRATEGIC TARGETS: MINIMUM 15% RETURN ON CAPITAL
EMPLOYED (ROCE)
    * LONG-TERM STRATEGIC TARGETS:  NET DEBT TO OPERATIONAL
EBITDA
BETWEEN 2-3X
    * UPDATED DIVIDEND POLICY: TO PAY ANNUALLY INCREASING
DIVIDEND PER
SHARE, TAKING INTO CONSIDERATION CAPITAL ALLOCATION PRIORITIES

Source text for Eikon:  ID:nGNE3grGsJ 
Further company coverage:  BOREO.HE 
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