Brief: Taaleri Updates Its Strategy, Long-Term Targets

Taaleri Oyj

21/11/2023 07:35

Nov 21 (Reuters) - Taaleri Oyj  TAALA.HE :
    * TAALERI UPDATES ITS STRATEGY AND LONG-TERM TARGETS -
GROWTH
DRIVEN BY SUBSTANTIAL INDUSTRIAL INVESTMENTS AND FUNDS UNDER
MANAGEMENT
    * TAALERI'S GOAL IS TO INCREASE ITS ASSETS UNDER MANAGEMENT
TO EUR
4 BILLION AND THE AMOUNT OF DIRECT INDUSTRIAL INVESTMENTS TO AT
LEAST EUR 100 MILLION BY THE END OF 2026
    * VISION IS TO BECOME A LEADING INVESTMENT MANAGER OPERATING
INTERNATIONALLY IN BIOINDUSTRY AND RENEWABLE ENERGY
    * TAALERI'S NEW LONG-TERM FINANCIAL TARGETS ARE: GROWTH: AT
LEAST
15%, IN GROUP’S CONTINUING EARNINGS AND PERFORMANCE FEES P.A.
(REVISED METRIC)
    * LONG-TERM FINANCIAL TARGET: RETURN ON EQUITY: AT LEAST 15%
(UNCHANGED)
    * LONG-TERM FINANCIAL TARGET: DIVIDEND: AT LEAST 50% PAYOUT
OF THE
FY PROFIT (UNCHANGED)


Further company coverage:  TAALA.HE 

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