Brief: Sitowise Announces Strategy For 2023-2025

Sitowise Oyj

28/02/2023 06:36

Feb 28 (Reuters) - Sitowise Group Oyj  SITOWS.HE :
    * SITOWISE ANNOUNCES STRATEGY FOR 2023-2025 WITH FOCUS ON
INNOVATION, SUSTAINABILITY AND EFFICIENCY
    * FINANCIAL TARGETS: * GROWTH: ANNUAL NET SALES GROWTH OF
OVER 10
PERCENT, INCLUDING ACQUISITIONS
    * PROFITABILITY TARGET: ADJUSTED EBITA MARGIN OF AT LEAST 12
%
    * FINANCIAL TARGETS: NET DEBT IN RELATION TO ADJUSTED EBITDA
SHOULD NOT EXCEED 2.5X, EXCEPT TEMPORARILY IN CONJUNCTION WITH
ACQUISITIONS
    * OBJECTIVE IS TO PAY ANNUALLY A DIVIDEND CORRESPONDING TO
30-50 %
OF NET PROFIT TO ITS SHAREHOLDERS

Source text for Eikon:  ID:nWkr37v5W9 
Further company coverage:  SITOWS.HE 

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