Elisa’s Midterm Targets and Distribution Policy
ELISA INVESTOR NEWS 27 NOVEMBER 2018 AT 12:00 AM Elisa has updated its medium term financial targets by the end of 2021. The targets are: Revenue growth Above industry averageEBITDA margin Above 37 per centCAPEX/Sales Maximum 12 per centNet Debt/EBITDA 1.5−2xEquity ratio Above 35 per cent Elisa has reiterated its distribution policy: 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