Terveystalo Oyj: Terveystalo updates its medium-term financial targets
Terveystalo Oyj, Stock Exchange Release, 2 December 2024 at 08:00 (EET)
Terveystalo's Board of Directors has approved the company's updated financial targets and dividend policy for the medium term. All targets have been updated to reflect the company's improved performance and focus on value creation.
Terveystalo's updated financial targets and dividend policy are as follows:
Profitable growth:
- EPS to grow on average by 10% p.a.
- We expect faster earnings per share growth in 2025, as fewer items affecting comparability are expected
Moderate leverage ratio:
- Net debt to EBITDA not to exceed 2.5x
- Indebtedness may temporarily surpass the target level, particularly in conjunction with acquisitions
Attractive dividends:
- At least 80% of net result to be distributed as dividends
- The dividend proposal must consider the company's long-term potential and financial status
Terveystalo will arrange a Capital Markets Day on Wednesday, 4 December to discuss the next steps of the strategy and the updated long-term financial targets. The Capital Markets Day's webcast details can be found at https://www.terveystalo.com/en/company/investors/reports-and-presentations/capital-markets-day-2024. The presentations will be published on the same website before the event.
Helsinki 2 December 2024
Terveystalo Plc
Board of Directors
For more information, please contact:
Kati Kaksonen,
Vice President, Investor Relations and Sustainability
Tel. 010 345 2034
kati.kaksonen@terveystalo.com
Distribution:
Nasdaq Helsinki Oy
Principal media
www.terveystalo.com