Catena Media presents new ambitious financial targets
The Board of Catena Media plc has resolved on new financial targets for the company in the short to medium term.Growth and earnings Catena Media has a target to reach an EBITDA in excess of EUR 100 million in 2020, driven by annual double-digit percentage organic revenue growth and acquisitions. Leverage Catena Media’s short to medium term goal is to operate with Net Debt / EBITDA* in the range 1.5-2.5x. The company may elect to operate temporarily outside this span under certain circumstances and during limited time periods. Dividend Catena Media does not intend to