February 7, 2017 / 6:40 AM / in 9 months

BRIEF-SSM Holding announces new financial targets

Feb 7 (Reuters) - SSM Holding AB (publ) IPO-SSMH.ST:

* Has adopted new financial targets and a new dividend policy with effect from 2017 until further notice

* Expects first possible dividend in connection with annual general meeting 2018

* New targets: operating margin: >20 percent (previously >10 percent)

* New targets: return on equity: >25 percent

* Dividend policy: >30 percent of year’s profits from 2017 onwards Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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