Brief: Stenhus Updates Targets

Stenhus Fastigheter I Norden AB (publ)

16/01/2025 06:52

Jan 16 (Reuters) - Stenhus Fastigheter I Norden AB
(publ)  SFAST.ST :
    * UPDATES ITS OPERATIONAL AND FINANCIAL TARGETS
    * TARGET: PROFIT FROM PROPERTY MANAGEMENT IS TO INCREASE BY
12%
PER YEAR OVER A BUSINESS CYCLE
    * TARGET: AVERAGE RETURN ON EQUITY AND PER SHARE OF 12% PER
YEAR
OVER A BUSINESS CYCLE
    * TARGET: AVERAGE WEIGHTED CAPITAL TIED UP IN THE LONG TERM
SHALL
AMOUNT TO AT LEAST 2.0 YEARS
    * TARGET: EQUITY RATIO SHALL EXCEED 35%
    * TARGET: NET LOAN-TO-VALUE RATIO SHALL BE BELOW 55% IN THE
LONG
TERM
    * TARGET: INTEREST COVERAGE RATIO SHALL EXCEED 2.25 TIMES IN
THE
LONG TERM

Source text:  ID:nMFNjw69y 
Further company coverage:  SFAST.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))