Brief: SRV Sees Revenue At EUR 900 Mln By End Of 2026

SRV Yhtiot Oyj

02/02/2023 06:14

Feb 2 (Reuters) - SRV Yhtiot Oyj  SRV1V.HE :
    * SRV GROUP PLC HAS SET NEW LONG-TERM FINANCIAL OBJECTIVES
    * AIMS TO ACHIEVE BY END OF 2026 OPERATIVE OPERATING PROFIT:
6%
    * AIMS TO ACHIEVE BY END OF 2026 REVENUE: EUR 900 MILLION
    * OBJECTIVE IS TO DISTRIBUTE A DIVIDEND EQUALLING 30-50 PER
CENT
OF ANNUAL RESULT
    * OBJECTIVE FOR GEARING WAS REMOVED FROM LONG-TERM
OBJECTIVES
BECAUSE, AFTER EXTENSIVE FINANCING ARRANGEMENT CARRIED OUT IN Q2
OF 2022, GEARING HAS BEEN SIGNIFICANTLY BELOW EARLIER TARGET
LEVEL

Source text for Eikon:  ID:nWkr75qmmP 
Further company coverage:  SRV1V.HE 
 (Gdansk Newsroom)
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