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BRIEF-Technopolis revises its strategy
June 2, 2017 / 6:17 AM / 4 months ago

BRIEF-Technopolis revises its strategy

June 2 (Reuters) - TECHNOPOLIS OYJ

* TECHNOPOLIS’ REVISED STRATEGY FOCUSES ON SHAREHOLDER VALUE CREATION, NEW STRATEGIC AND FINANCIAL TARGETS SET

* NEW LONG-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: EARNINGS PER SHARE GROWTH OF 8-10% PER ANNUM ON AN EPRA EARNINGS BASIS

* NEW LONG-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: RETURN ON EQUITY OVER 8% PER ANNUM ON AN EPRA BASIS

* NEW LONG-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: NET ASSET VALUE PER SHARE GROWTH OF AT LEAST 5% PER ANNUM ON AN EPRA BASIS

* NEW LONG-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: EQUITY RATIO OVER 35%

* NEW LONG-TERM FINANCIAL TARGETS AND DIVIDEND POLICY ARE: AIM TO PAY OUT AN INCREASING ANNUAL DIVIDEND OF 40-60% OF EPRA-BASED DIRECT RESULT (EPRA EARNINGS) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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