Outotec's long-term financial targets
(Thomson Reuters ONE) -
OUTOTEC OYJ STOCK EXCHANGE RELEASE September 18, 2017 AT 10.00 AM
Outotec's long-term financial targets
Outotec reiterates its long-term financial targets (announced on June 7, 2016)
for sales growth, profitability and gearing, while the target for service sales
growth has been revised.
The long-term financial targets are:
* Sales growth faster than the market
* Annual average service sales growth over 10% (previously 5-15%)
* Profitability (adjusted EBIT) 10% of sales by 2020
* Gearing at maximum 50%
Outotec is hosting 2017 Capital Markets Day (CMD) for portfolio managers as well
as sell and buy side analysts on September 21 at 1.30 PM (EEST) at Outotec
House, Espoo, Finland. Outotec's top management will present the company's
strategy and a roadmap for achieving its financial targets. Examples of resource
efficient and sustainable customer solutions as well as service deliveries will
be presented as part of the segments' presentations. The event will be webcasted
live, for more information, please visit www.outotec.com/investors.
OUTOTEC OYJ
Markku Teräsvasara
President & CEO
Tel. +358 20 529 2000
E-mails: firstname.lastname(at)outotec.com
DISTRIBUTION
NASDAQ Helsinki
Main media
www.outotec.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Outotec Oyj via GlobeNewswire
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Datum: 18.09.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 560178
Anzahl Zeichen: 1868
contact information:
Town:
Espoo
Kategorie:
Business News
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