Oriola-KD's long term targets and dividend policy

(Thomson Reuters ONE) -


Oriola-KD Corporation Stock Exchange Release 24 November 2010 at 4.50 p.m.

The Board of Directors of Oriola-KD Corporation has confirmed the long-term
targets and dividend policy of the Oriola-KD Group. The targets are based on
growth, profitability (ROE) and balance sheet figures. The new long term targets
and dividend policy replace the targets and dividend policy published on 1
November 2006.

Oriola-KD's new long term targets and dividend policy are:

Growth

* To grow faster than the relevant markets


Profitability

* ROE (Return on Equity) target is over 15 per cent


Balance sheet

* Long-term average gearing ratio target is between 40 - 60 per cent


Dividend policy

* Oriola-KD will seek to pay out annually as dividends approximately 50
per cent of earnings per share
* The Company's strategy and financial position shall be taken into
consideration when determining the annual dividend payout ratio


Oriola-KD Corporation

Eero Hautaniemi
President and CEO


Kimmo Virtanen
Executive Vice President and CFO


Further information:

Eero Hautaniemi
President and CEO
tel. +358 (0)10 429 2109
e-mail: eero.hautaniemi(at)oriola-kd.com

Kimmo Virtanen
Executive Vice President and CFO
tel. +358 (0)10 429 2069
e-mail: kimmo.virtanen(at)oriola-kd.com

Pellervo Hämäläinen
Vice President, Communications and Investor Relations
tel. +358 (0)10 429 2497
e-mail: pellervo.hamalainen(at)oriola-kd.com

Distribution
NASDAQ OMX Helsinki Ltd
Principal media

Published by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com


[HUG#1465321]

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Source: Oriola-KD Oyj via Thomson Reuters ONE

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 24.11.2010 - 15:51 Uhr
Sprache: Deutsch
News-ID 49075
Anzahl Zeichen: 2596

contact information:
Town:

Espoo

Kategorie:

Business News

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