Brief: Latour Revises Its Financial Targets

Investment AB Latour

06/02/2023 13:53

Feb 6 (Reuters) - Investment AB Latour  LATOb.ST :
    * LATOUR REVISES ITS FINANCIAL TARGETS
    * REVISION FOLLOWS A STRATEGIC REVIEW AND IS AIMED TO
FURTHER
INCREASE LONG-TERM PROFITABILITY AND RETURN OF ITS HOLDINGS
    * PROFITABILITY TARGET: REVISED FROM MINIMUM 10 % OPERATING
MARGIN
OF EVERY HOLDING, TO MINIMUM 15 % AVERAGE OPERATING MARGIN
ACROSS ALL HOLDINGS
    * RETURN TARGET: REVISED FROM 15 - 20 % RETURN ON OPERATING
CAPITAL OF EVERY HOLDING, TO MINIMUM 15 % RETURN ON OPERATING
CAPITAL OF EVERY HOLDING

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