Sanoma Capital Markets Day 2018: Building on a solid base for selective growth

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2018-06-08 13:47
Sanoma

SANOMA CAPITAL MARKETS DAY 2018: BUILDING ON A SOLID BASE FOR SELECTIVE GROWTH

Sanoma is hosting its Capital Markets Day 2018 tomorrow, 7 June, in Helsinki. During the day the management will provide an update on the strategy and financial performance of Sanoma Group and its three businesses.

Sanoma’s long-term financial targets remain unchanged and are:

  • Net debt / Adj. EBITDA below 2.5
  • Equity ratio 35-45%
  • Increasing dividend corresponding to 40-60% of cash flow from operations less capital expenditure.