Brief: Efore Updates Its Strategy And Sets Medium-Term Financial Targets

Enedo Oyj

21/11/2018 13:56

Nov 21 (Reuters) - Efore Plc  EFO1V.HE :
    * REG-EFORE UPDATES ITS STRATEGY AND SETS MEDIUM-TERM
FINANCIAL
TARGETS
    * REG-EFORE UPDATES ITS STRATEGY AND SETS MEDIUM-TERM
FINANCIAL
TARGETS
    * EFORE TARGETS FOR 2019 IS TO ACHIEVE NET SALES OF OVER EUR
70
MILLION,
    * MEDIUM-TERM FINANCIAL TARGETS ARE: 10% ORGANIC GROWTH IN
NET
SALES ANNUALLY
    * TARGETS CLEARLY POSITIVE EBITDA (ADJUSTED FOR
NON-RECURRING
ITEMS) AND POSITIVE CASH FLOW FROM BUSINESS OPERATIONS FOR 2019
    * HAS CONFIRMED UPDATED COMPANY STRATEGY AND FINANCIAL
TARGETS FOR
PERIOD 2019-2021
    * MEDIUM-TERM FINANCIAL TARGETS: NET SALES OF OVER EUR 90
MILLION
IN 2021
    * MEDIUM-TERM FINANCIAL TARGETS: AT LEAST 10% EBITDA MARGIN
IN
2021
    * MEDIUM-TERM FINANCIAL TARGETS ARE AT LEAST 10% EBITDA
MARGIN IN
2021
    * MEDIUM-TERM FINANCIAL TARGET: AT LEAST 10% EBITDA MARGIN
IN 2021
    * MEDIUM-TERM FINANCIAL TARGETS: SIGNIFICANT IMPROVEMENT IN
EQUITY
RATIO FROM FIRST HALF 2018 LEVEL

Source text for Eikon:  ID:nGNE6y13Lg 
Further company coverage:  EFO1V.HE 

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