CLX Communications AB (publ): new financial targets
Stockholm, Sweden - CLX Communications AB (publ) - XSTO: CLX - announces that the Board of CLX Communications AB (publ) have decided to set new financial targets for the business. The new financial targets are: · Growth in adjusted EBITDA per share shall be 20 per cent per year, starting with calendar year 2016. · CLX target is that net debt over time shall be below two times adjusted EBITDA (measured on rolling twelve months). · Dividend policy - the Board continues to see good growth opportunities through acquisitions over the next few years, and therefore proposes that