Brief: Harvia Targets Average Annual Revenue Growth Of 10%

Harvia Oyj

29/05/2024 07:09

May 29 (Reuters) - Harvia Oyj  HARVIA.HE :
    * HARVIA UPDATES ITS STRATEGY AND LONG-TERM FINANCIAL
TARGETS
    * NEW LONG-TERM FINANCIAL TARGETS FOR REVENUE: AVERAGE
ANNUAL
REVENUE GROWTH OF 10% (BEFORE: AVERAGE ANNUAL REVENUE GROWTH OF
MORE THAN 5%)
    * NEW LONG TERM TARGET FOR PROFITABILITY: ADJUSTED OPERATING
PROFIT MARGIN EXCEEDING 20% (UNCHANGED)
    * NEW LONG TERM TARGET FOR LEVERAGE: NET DEBT/ADJUSTED
EBITDA2)
BELOW 2.5X (BEFORE: NET DEBT/ADJUSTED EBITDA 1.5X−2.5X IN LONG
TERM)

Source text for Eikon:  ID:nGNE5MxVZz 
Further company coverage:  HARVIA.HE 

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