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Elisa's Midterm Targets and Distribution Policy(OMX Via Acquire Media NewsEdge) 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 Copyright © 2014 OMX AB (publ). Copyright © 2014 OMX AB (publ) |