Brief: Landis+Gyr Holds Capital Markets Day And Announces Mid-Term Financial Year 2025 Targets

Landis+Gyr AG

31/01/2023 05:50

Jan 31 (Reuters) - Landis+Gyr Group Ag  LANDI.S :
    * LANDIS+GYR HOLDS CAPITAL MARKETS DAY AND ANNOUNCES
MID-TERM
FINANCIAL YEAR 2025 TARGETS
    * NET REVENUES FOR FY 2023 ARE EXPECTED TO GROW LOW DOUBLE
DIGIT
GROWTH COMPARED TO FY 2022
    * SEES FY 25 ADJUSTED EBITDA OF BETWEEN 12% AND 14% AND A
CONFIRMATION OF PROGRESSIVE DIVIDEND POLICY
    * ADJUSTED EBITDA MARGIN FOR FY 23 IS EXPECTED TO COME IN
BETWEEN
9% AND 11% OF NET REVENUES.
    * SEES FY 25 ORGANIC NET REVENUE GROWTH OF MID TO HIGH
SINGLE
DIGIT CAGR RELATIVE TO FY 2021

Source text for Eikon:  ID:nEQ6kZRP8a 
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