Wärtsilä redefines its financial targets
(Thomson Reuters ONE) -
Wärtsilä Corporation Company announcement 28 January 2011 at 8.20 local time
Wärtsilä has redefined its long-term financial targets. Our target is to grow
faster than global GDP. Our operating profit margin (EBIT%) target is 14% at the
peak of the cycle. At the trough of the cycle, our target is to keep operating
profit margin above 10%. Our target is to maintain gearing below 50%. Our target
is to pay a dividend equivalent to 50% of earnings per share.
For further information, please contact:
Raimo Lind
Executive Vice President & CFO
Tel: +358 10 709 5640
raimo.lind(at)wartsila.com
Joséphine Mickwitz
Director, Investor Relations
Tel: +358 400 784 889
josephine.mickwitz(at)wartsila.com
For press information, please contact:
Atte Palomäki
Group Vice President, Communications & Branding
Tel: +358 40 547 6390
atte.palomaki(at)wartsila.com
Wärtsilä Corporation
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Thomson Reuters ONE
[HUG#1483213]
Unternehmensinformation / Kurzprofil:
Datum: 28.01.2011 - 07:21 Uhr
Sprache: Deutsch
News-ID 50810
Anzahl Zeichen: 1634
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Wärtsilä redefines its financial targets"
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