Brief: Siili Solutions Updates Targets, Says Recovery Of Markets Is Taking Longer Than Expected

Siili Solutions Oyj

26/11/2024 07:46

Nov 26 (Reuters) - Siili Solutions Oyj  SIILI.HE :
    * UPDATES ITS LONG-TERM FINANCIAL TARGETS FOR 2025-2028
    * FINANCIAL TARGETS 2025-2028: ANNUAL REVENUE GROWTH OF 20 PERCENT, OF WHICH ORGANIC GROWTH
ACCOUNTS FOR ABOUT HALF
    * FINANCIAL TARGETS 2025-2028: ADJUSTED EBITA 12 PERCENT OF REVENUE
    * AIM IS TO PAY A DIVIDEND CORRESPONDING TO 30-70 PERCENT OF NET PROFIT ANNUALLY
    * RECOVERY OF MARKETS IS TAKING LONGER THAN EXPECTED
    * FINANCIAL TARGETS 2025-2028: NET DEBT-TO-EBITDA < 2
    * AS IT SERVICE MARKET HAS REMAINED CHALLENGING, ACHIEVING GROWTH, PROFITABILITY GOALS TO
TAKE
LONGER THAN PREVIOUSLY ESTIMATED

Source text:  ID:nGNE6SbqkW 
Further company coverage:  SIILI.HE 

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