Brief: NN Group Sets OCG Target of EUR 2.2 Bln for 2028

NN

27/05/2025 06:05

May 27 (Reuters) - NN Group NV NN.AS:

NEW FINANCIAL TARGETS FOR 2028

OPERATING CAPITAL GENERATION (OCG) TARGET OF EUR 2.2 BILLION IN 2028, VERSUS THE EUR 1.9 BILLION TARGET FOR 2025

PRO-FORMA GROUP SOLVENCY II RATIO STABLE AT 195% BY END-APRIL 2025

FREE CASH FLOW (FCF) TARGET OF ABOVE EUR 1.8 BILLION IN 2028

AIMS AT EUR 13 BILLION INVESTMENTS IN CLIMATE SOLUTIONS AND 45% REDUCTION OF GHG EMISSIONS OF CORPORATE INVESTMENTS BY 2030

INVESTMENT OF EUR 450 MILLION FOR 2024-2027 PERIOD IN DIGITAL TRANSFORMATION

COMMITTED TO CAPITAL RETURN POLICY; PROGRESSIVE DIVIDEND PER SHARE AND ANNUAL SHARE BUYBACK OF AT LEAST EUR 300 MILLION

Source text: https://tinyurl.com/w4k3c8pa

Further company coverage: NN.AS

 (Gdansk Newsroom)

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