Nov 25 (Reuters) - Fortum Oyj FORTUM.HE:
UPDATES ITS LONG-TERM FINANCIAL TARGETS, STRATEGIC TARGETS AND STRATEGIC KPIS
SETS LONG-TERM RONA TARGET AT 14%
EXPECTS OPERATING PROFIT TO IMPROVE BY EUR 330 MILLION BY 2030
FOR 2026, TOTAL CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY EUR 550 MILLION EXCLUDING ACQUISITIONS
SETS DEBT-TO-EBITDA MAXIMUM AT 2.5 TIMES
FOR PERIOD OF 2026-2030, FORTUM'S COMMITTED CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY EUR 2.0 BILLION EXCLUDING ACQUISITIONS
TARGET FOR FINANCIAL NET DEBT-TO-COMPARABLE EBITDA: MAXIMUM OF 2.5 TIMES (PREVIOUSLY 2.0-2.5)
Source text: ID:nWkr9dWcPw
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