Brief: Fastighets AB Trianon Updates Financial Targets, Dividend Policy

Fastighets Aktiebolaget Trianon

07/11/2024 06:41

Nov 7 (Reuters) - Fastighets AB Trianon  TRIANb.ST :
    * FINANCIAL TARGETS FOR 2025-2030: RETURN ON EQUITY SHOULD
EXCEED
10% PER YEAR ON AVERAGE OVER A BUSINESS CYCLE
    * FINANCIAL TARGET 2025-2030: INCREASE INCOME FROM
MANAGEMENT PER
SHARE BY 12% PER YEAR ON AVERAGE OVER A BUSINESS CYCLE
    * FINANCIAL TARGETS FOR 2025-2030: LOAN-TO-VALUE RATIO WILL
BE
BELOW 55% IN THE LONG TERM
    * FINANCIAL TARGET FOR INTEREST COVERAGE RATIO REMAINS
UNCHANGED
    * LONG-TERM DIVIDEND SHALL NOT EXCEED 30% OF INCOME FROM
PROPERTY
MANAGEMENT MINUS TAX PAID

Source text:  ID:nWkrcbPsBg 
Further company coverage:  TRIANb.ST 

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