Brief: SIG Group Confirms Mid-term Financial Guidance

SIG AG

22/11/2023 06:03

Nov 22 (Reuters) - SIG Group AG  SIGNC.S :
    * SIG GROUP AG - COMPANY'S MID-TERM FINANCIAL GUIDANCE
REMAINS
UNCHANGED.
    * SIG GROUP AG - EXPECTS TO CONTINUE TO DELIVER STRONG CASH
GENERATION AND COMPANY MAINTAINS ITS MID-TERM LEVERAGE GUIDANCE
OF TOWARDS 2X, WITH A MILESTONE OF AROUND 2.5X AT END OF 2024
    * SIG GROUP AG - EXPECTS TO MAINTAIN ITS POLICY OF
PROGRESSIVE
GROWTH OF ITS ABSOLUTE DIVIDEND WITH A PAY-OUT RATIO OF AT LEAST
50-60% OF ADJUSTED NET INCOME.

Source text for Eikon:  ID:nEQ6jnHS7a 
Further company coverage:  SIGNC.S 

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