Brief: Solteq Updates Its Long-Term Financial Targets

Solteq Oyj

16/01/2023 14:26

Jan 16 (Reuters) - Solteq Oyj  SOLTEQ.HE :
    * INSIDE INFORMATION: SOLTEQ PLC UPDATES ITS LONG-TERM
FINANCIAL
TARGETS
    * RETAIL & COMMERCE SEGMENT AIMS FOR LONG-TERM TARGET OF A
MINIMUM
ANNUAL GROWTH OF 8 PERCENT IN REVENUE AND OPERATING RESULT
    * FOR REVENUE OF UTILITIES SEGMENT, LONG-TERM TARGET IS TO
GROW A
MINIMUM OF 15 PERCENT ANNUALLY
    * FOR OPERATING RESULT, UTILITIES SEGMENT IS AIMING FOR
LONG-TERM
TARGET OF 18 PERCENT ANNUAL GROWTH
    * APPROVED COMPANY'S GOALS FOR DIVIDEND POLICY AND LEVERAGE
RATIO
    * AIMS TO PAY, AT MINIMUM, DIVIDENDS EQUALING 50 PERCENT OF
ANNUAL
OPERATING RESULT
    * AIMED LONG-TERM LEVERAGE RATIO IS 3:1

Source text for Eikon:  ID:nWkr5ztZDj 
Further company coverage:  SOLTEQ.HE 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))