Brief: Orthex Proposes Dividend Of EUR 0.21 Per Share Paid In Two Instalments

Orthex Oyj

05/03/2024 07:36

March 5 (Reuters) - Orthex Oyj  ORTHEX.HE :
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF EUR 0.21 PER
SHARE,
TOTALLING APPROX. EUR 3.7 MILLION
    * IT IS PROPOSED THAT DIVIDEND BE PAID IN TWO INSTALMENTS
    * LONG-TERM FINANCIAL TARGETS: AVERAGE ANNUAL ORGANIC NET
SALES
GROWTH TO EXCEED 5% AT GROUP LEVEL AND TO EXCEED 10% OUTSIDE
NORDICS
    * LONG-TERM FINANCIAL TARGETS: ADJUSTED EBITA MARGIN
(ADJUSTED FOR
ITEMS AFFECTING COMPARABILITY) TO EXCEED 18% OVER TIME
    * DOES NOT PUBLISH A SHORT-TERM OUTLOOK
    * AIMS TO DISTRIBUTE A STABLE AND OVER TIME INCREASING
DIVIDEND
WITH A PAY-OUT OF AT LEAST 50 PER CENT OF NET PROFIT

Source text for Eikon:  ID:nWkr38ct3V 
Further company coverage:  ORTHEX.HE 

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