Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Puuilo Plc’s updated long-term financial targets for the strategy period 2024 – 2028

Puuilo

PUUILO PLC, STOCK EXCHANGE RELEASE, 22 APRIL 2024 at 8.30 EEST

Puuilo Plc’s updated long-term financial targets for the strategy period 2024 – 2028

In the upcoming strategy period, Puuilo will continue its growth in Finland and aims for a network of more than 70 stores by the end of financial year 2028 (ends January 2029). The goal is to open an average of 5 – 6 stores per year. By increasing like-for-like sales and opening of new stores, Puuilo aims for net sales of above EUR 600 million and adjusted EBITA above EUR 105 million by the end of financial year 2028 (ends January 2029).

 

 Updated strategy period 2024 – 2028Previous strategy period 2021 – 2025
Net salesabove EUR 600 million by the end of financial year 2028above EUR 400 million by the end of financial year 2025
EBITA margin (%)Adjusted EBITA margin above 17 %Adjusted EBITA margin between 17 – 19%
EBITA EURAdjusted EBITA above EUR 105 million 
Profit distribution*at least 80% of the net income 
Dividend policy at least 80 % of net income
Leverage**Net debt to adjusted EBITDA below 2.0xNet debt to adjusted EBITDA below 2.0x

* Puuilo aims to distribute at least 80 % of net income each financial year to its shareholders

**Including IFRS 16 lease liabilities

 

Investor Day

Puuilo will have an Investor Day to analysts and other capital markets and media representatives which will be held on April 23, 2024, at 13.00 EEST – 15.00 EEST in Helsinki, Finland. A separate invitation to the event has been published on 28 March 2024. In the event Puuilo’s management will present company’s business operations and updated strategy.

You can follow the live, free-to-view webcast at https://puuilo.videosync.fi/2024-investor-day. The recording of the presentation and the materials presented at the event will be available later after the event on the company's investor website at investors.puuilo.fi. The presentation language of the event and materials are in English.

 

PUUILO PLC

For further information, please contact

Juha Saarela, CEO, puh. 050 409 7641

Ville Ranta, CFO, puh. 040 555 4995

Email: ir (@) puuilo.fi

Pictures for media: https://www.puuilo.fi/medialle.

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.