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 average|
|EBITDA margin||Above 37 per cent|
|CAPEX/Sales||Maximum 12 per cent|
|Equity 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 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 on 27 November 2018 and materials will be available at www.elisa.com/investors later today.
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