Edition:
United Kingdom

Asiakastieto Group Updates Long-Term Financial Targets


Friday, 15 Feb 2019 

Feb 15 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP UPDATES ITS LONG-TERM FINANCIAL TARGETS.LONG-TERM TAGET FOR GROWTH: ACHIEVE 5-10 PER CENT AVERAGE GROWTH IN NET SALES.UPDATED PROFITABILITY TARGET: ACHIEVE A RATE OF EBITDA GROWTH THAT EXCEEDS PERCENTAGE GROWTH OF NET SALES.TAGET: MAINTAIN NET DEBT TO EBITDA OF LESS THAN 3X WHILE CONTINUING TO MAINTAIN AN EFFICIENT CAPITAL STRUCTURE.PREVIOUS TARGETS: ACHIEVE 5-10 PERCENT AVERAGE GROWTH IN NET SALES, MAINTAIN PROFITABILITY OF CURRENT SERVICES AT CURRENT LEVEL. 

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17 Jul 2019