Brief: Tomra Targets >18% Return On Capital Employed By 2030

Tomra Systems ASA

05/09/2024 06:06

Sept 5 (Reuters) - Tomra Systems ASA  TOM.OL :
    * NEW TARGET OF ACHIEVING >18% RETURN ON CAPITAL EMPLOYED BY
2030
IS BEING INTRODUCED
    * DIVIDEND POLICY OF PAYING 40-60% OF EARNINGS PER SHARE AND
TARGET TO BE AN INVESTMENT GRADE COMPANY ARE MAINTAINED
    * AMBITION IS TO GROW 15% ANNUALLY AND TO ACHIEVE AN EBITA
MARGIN
OF 18%
    * TARGET: 18% EBITA MARGIN BY 2030

Source text for Eikon:  ID:nWkr4Xh2cQ 
Further company coverage:  TOM.OL 

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