November 14, 2017 / 11:39 AM / 6 days ago

BRIEF-Doro updates on strategies and financial targets

Nov 14 (Reuters) - DORO AB:

* DORO UPDATES ON STRATEGIES AND FINANCIAL TARGETS

* TARGET IS ‍AVERAGE ANNUAL NET SALES GROWTH OF AT LEAST 10% (INCL. POTENTIAL M&A)​

* TARGET IS ‍DIVIDEND TO SHAREHOLDERS CORRESPONDING TO 33% OF NET PROFIT​

* ‍NEW FINANCIAL TARGET: LONG TERM OPERATING PROFIT (EBIT) MARGIN OF AT LEAST 8%​

* NEW FINANCIAL TARGET: ‍NET DEBT IN RELATION TO EBITDA SHOULD NOT BE GREATER THAN 2.5X​

* NEW FINANCIAL TARGET: ‍LONG TERM SHARE OF TOTAL REVENUES COMING FROM SERVICES OF AT LEAST 30%​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below