Elisa’s Midterm Targets and Distribution Policy
ELISA STOCK EXCHANGE RELEASE 22 OCTOBER 2014 AT 11:00 A.M.
Elisa has updated its medium term financial targets by the end of 2017, which are:
| Revenue growth | Above industry average |
| EBITDA margin | Above 36 per cent |
| CAPEX/Sales | Maximum 12 per cent |
| Net Debt/EBITDA | 1.5 – 2x |
| Equity ratio | Above 35 per cent |
Elisa 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 CORPORATION
Vesa Sahivirta
IR Director
tel. +358 10 262 3036
Distribution:
NASDAQ OMX Helsinki
Principal media
www.elisa.com