Finnish operator Elisa said it has updated its medium-term financial targets, for the period up to the end of 2021. It is aiming for revenue growth at a rate above the average for the industry, an EBITDA margin above 37 percent, a maximum capex-sales rate of a 12 percent, net debt to EBITDA at between 1.5 times and 2.0 times, and an equity ratio above 35 percent.
Elisa has reiterated its profit distribution policy of 80−100 percent of the previous fiscal year's net profit. Any excess capital might be distributed to shareholders, too. Profit distribution methods include dividend payment, capital repayment and purchase of treasury shares.
