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Elisa’s Medium-term Targets and Distribution Policy

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ELISA INVESTOR NEWS 10 MARCH 2021 AT 11:00 AM

Elisa 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 cent
Net Debt/EBITDA 1.5−2x
Equity 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 position, future financial needs and financial targets. Profit distribution methods include dividend payment, capital repayment and purchase of treasury shares.

Elisa’s Capital Markets Day is held today on 10 March 2021: www.elisa.com/cmd

ELISA CORPORATION
 
Vesa Sahivirta
IR Director
tel. +358 50 520 5555
 
Distribution:

Principal media
elisa.com

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