Brief: Meko Presents Adjusted Financial Targets And Priorities

Meko AB

21/03/2023 07:05

March 21 (Reuters) - Meko AB  MEKO.ST :
    * MEKO PRESENTS ADJUSTED FINANCIAL TARGETS AND PRIORITIES TO
STRENGTHEN ITS LEADING POSITION
    * LONG-TERM FINANCIAL TARGETS TO 2027: GROWTH - AVERAGE
ANNUAL
SALES INCREASE OF AT LEAST 5% TO BE ACHIEVED THROUGH A
COMBINATION OF ORGANIC GROWTH AND SMALLER ACQUISITIONS
    * LONG-TERM FINANCIAL TARGETS TO 2027: OPERATING RESULTS
(ADJUSTED) - ANNUAL GROWTH OF ADJUSTED EBIT OF AT LEAST 10
PERCENT
    * LONG-TERM FINANCIAL TARGETS TO 2027: UNCHANGED FOR NET
DEBT
    * LONG-TERM FINANCIAL TARGETS TO 2027: DIVIDEND POLICY
(CLARIFIED)
- CORRESPONDING 50 PERCENT OF THE PROFIT AFTER TAX IS
DISTRIBUTED.
    * UPDATED FINANCIAL TARGETS INDICATE NET SALES CORRESPONDING
TO
ABOUT SEK 19 BILLION AND AN ADJUSTED EBIT OF ABOUT  SEK 1.6
BILLION SHOULD BE ACHIEVED IN 2027, EXCLUDING ANY MAJOR
STRATEGIC ACQUISITIONS

Source text for Eikon:  ID:nWkr2t7nFf 
Further company coverage:  MEKO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))