Edition:
India

Kesko Presents New Financial Targets


Thursday, 25 Apr 2019 

April 25 (Reuters) - Kesko Oyj ::KESKO'S NEW FINANCIAL TARGETS.BOARD OF DIRECTORS OF KESKO CORPORATION HAS APPROVED NEW MEDIUM-TERM FINANCIAL TARGETS FOR GROUP..NEW MEDIUM-TERM FINANCIAL TARGETS FOR PROFITABILITY, AS APPROVED BY BOARD OF DIRECTORS OF KESKO CORPORATION, ARE A COMPARABLE OPERATING MARGIN OF 5.0% AND A COMPARABLE RETURN ON CAPITAL EMPLOYED OF 11.0%.IN TERMS OF FINANCIAL POSITION, AS BEFORE GROUP USES INTEREST-BEARING NET DEBT/EBITDA AND TARGETS A MAX LEVEL OF 2.5, EXCLUDING IMPACT OF IFRS 16. 

Company Quote

50.44
0.5 +1.00%
16 Jul 2019