Brief: YIT Announces New Strategy, Targets For 2025-2029

YIT Oyj

13/11/2024 06:07

Nov 13 (Reuters) - YIT Oyj  YIT.HE :
    * ANNOUNCES NEW STRATEGY AND FINANCIAL TARGETS FOR
2025-2029,
INTRODUCES A NEW SEGMENT STRUCTURE
    * FINANCIAL TARGET TO BE REACHED BY END OF 2029: ADJUSTED
OPERATING PROFIT MARGIN AT LEAST 7%
    * FINANCIAL TARGETS TO BE REACHED BY END OF 2029: RETURN ON
CAPITAL EMPLOYED AT LEAST 15%
    * FINANCIAL FRAMEWORK: DIVIDEND PAYOUT RATIO AT LEAST 50%,
SUBJECT
TO FULFILLMENT OF CERTAIN CONDITIONS
    * NET SALES GROWTH OF AT LEAST 5% BY END OF 2029, WITH
COMPOUND
ANNUAL GROWTH RATE (CAGR) BASED ON YEAR 2024.

Source text:  ID:nWkrbt2gPc 
Further company coverage:  YIT.HE 

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