Elisa’s Medium-term Targets and Distribution Policy
ELISA INVESTOR NEWS 10 MARCH 2021 AT 11:00 AMElisa has updated its medium term financial targets by the end of 2023. The targets are: Revenue growth 2020–2023 CAGR >2%EBITDA growth 2020–2023 CAGR >3%CAPEX/Sales Maximum 12 per centNet Debt/EBITDA 1.5−2xEquity ratio Above 35 per cent Profit distribution is 80−100 per cent of the previous fiscal year's net profit. In addition possible excess capital can be distributed to shareholders. When making the distribution proposal or decision the Board of Directors will take into consideration the company´s financial