Financial targets and dividend policy of KH Group Plc
30 Noviembre 2023 - 7:30AM
Financial targets and dividend policy of KH Group Plc
KH Group Plc Stock Exchange Release 30 November 2023 at 3:30 pm
EET
Financial targets and dividend policy of KH Group
Plc
As communicated at the Capital Markets Day, KH Group’s updated
financial targets and dividend policy during the strategy change
are as follows:
Financial targetDuring the strategic change, KH
Group’s balance sheet structure will change substantially. The
target is to strengthen the balance sheet structure and reduce net
debts through positive operative cash flow and divestments.
Dividend policyThe target for the next couple
of financial years is to invest in core business and pay dividends
after major divestments within the set guidelines from the balance
sheet structure and financial contracts.
Financial outlook for 2024The financial outlook
for 2024 will be published together with the 2023 Financial
Statements Release on 21 March 2024.
KH GROUP PLC
Lauri VeijalainenCEO FURTHER INFORMATION: CEO Lauri
Veijalainen, tel. +358 46 876 1648
DISTRIBUTION:Nasdaq Helsinki OyMain mediawww.khgroup.com
Sievi Capital is now a conglomerate with a new name KH Group.
Our four business areas are leading players in their sectors in B2B
products and services and consumer trade. The objective of our
strategy change is to focus on the business of the earth-moving
machinery supplier KH-Koneet. KH Group’s share is listed on Nasdaq
Helsinki.
Kh Group Oyj (LSE:0NQK)
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Kh Group Oyj (LSE:0NQK)
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