Brief: Asiakastieto Group Updates Long-Term Financial Targets

Enento Oyj

15/02/2019 09:21

Feb 15 (Reuters) - Asiakastieto Group Plc  ATG1V.HE :
    * REG-ASIAKASTIETO GROUP UPDATES ITS LONG-TERM FINANCIAL TARGETS
    * LONG-TERM TAGET FOR GROWTH: ACHIEVE 5-10 PER CENT AVERAGE GROWTH IN NET SALES
    * UPDATED PROFITABILITY TARGET: ACHIEVE A RATE OF EBITDA GROWTH THAT EXCEEDS PERCENTAGE
GROWTH OF
NET SALES
    * TAGET: MAINTAIN NET DEBT TO EBITDA OF LESS THAN 3X WHILE CONTINUING TO MAINTAIN AN
EFFICIENT
CAPITAL STRUCTURE
    * PREVIOUS TARGETS: ACHIEVE 5-10 PERCENT AVERAGE GROWTH IN NET SALES, MAINTAIN PROFITABILITY
OF
CURRENT SERVICES AT CURRENT LEVEL

Source text for Eikon:  ID:nGNE65xSM8 
Further company coverage:  ATG1V.HE 

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