Brief: Orthex Does Not Publish A Short-Term Outlook

Orthex Oyj

07/11/2023 07:45

Nov 7 (Reuters) - Orthex Oyj  ORTHEX.HE :
    * DOES NOT PUBLISH A SHORT-TERM OUTLOOK
    * LONG-TERM FINANCIAL TARGETS: AVERAGE ANNUAL ORGANIC NET
SALES
GROWTH TO EXCEED 5% AT GROUP LEVEL AND TO EXCEED 10% OUTSIDE
NORDICS (GROWTH IN LOCAL CURRENCIES)
    * LONG-TERM FINANCIAL TARGETS: ADJUSTED EBITA MARGIN TO
EXCEED 18%
OVER TIME AND NET DEBT TO ADJUSTED EBITDA RATIO TO STAY BELOW
2.5X
    * AIMS TO DISTRIBUTE A STABLE AND OVER TIME INCREASING
DIVIDEND
WITH A PAY-OUT OF AT LEAST 50% OF NET PROFIT, IN TOTAL, ON A
BIANNUAL BASIS

Source text for Eikon:  ID:nWkr93FSJ6 
Further company coverage:  ORTHEX.HE 

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