Brief: Sagax updates financial targets

Sagax AB

07/09/2016 07:16

Sept 7 (Reuters) - Sagax AB  SAGAa.ST : 
    * Updates financial targets 
    * Sees interest coverage ratio to exceed 200 pct in long term (previously expected interest 
coverage ratio of 150 pct) 
    * Borrowing level to be below 65 pct in long term (previously target was 70 pct) 
    * Net debt/EBITDA to be below 9.5 times in long term 
    * Targets for return on equity and profit from property management unchanged 
 
Source text for Eikon:  ID:nWkrig5416  
Further company coverage:  SAGAa.ST  
 
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