Brief: Neobo Adjusts Financial Targets

Neobo Fastigheter AB (publ)

12/12/2023 12:06

Dec 12 (Reuters) - Neobo Fastigheter AB (publ)
 NEOBO.ST :
    * NEOBO ADJUSTS FINANCIAL TARGETS AND DIVIDEND POLICY AND
PREPARES
FOR LIST CHANGE
    * NEW FINANCIAL TARGET:  RETURN ON EQUITY OVER TIME SHALL
EXCEED
10%
    * NEW FINANCIAL TARGET: LOAN-TO-VALUE RATIO SHALL NOT EXCEED
65%
OF PROPERTIES' MARKET VALUE
    * NEW FINANCIAL TARGET: INTEREST COVERAGE RATIO IS TO EXCEED
MULTIPLE OF 1.5

Source text for Eikon:  ID:nMFN40XDrp 
Further company coverage:  NEOBO.ST 

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