TECHNOPOLIS PLC STOCK EXCHANGE RELEASE August 20, 2014 at 9.00 a.m.
Technopolis’ Board of Directors Has Approved Company’s Strategic Targets and Dividend Policy
Company’s goal is to grow in the Nordics and Baltic Rim and in service business.
Financial goals for strategy period 2015–2017 are as follows:
- average net sales and EBITDA growth of 15% per annum (unchanged)
- at least a 6% return on capital employed per annum excluding fair value changes (unchanged)
- an equity ratio above 35% over the cycle (unchanged)
In addition to updating its strategic targets, the company also revised its dividend policy’s calculation method. According to the revised policy, the company aims to distribute on average one third of its EPRA-based (European Public Real Estate Association) direct result annually in the form of dividends.
Technopolis Plc
Board of Directors
For further information:
Keith Silverang
CEO
tel. +358 40 566 7785
Technopolis provides the best addresses for companies to operate and succeed in five countries in the Nordic-Baltic region. The company develops, owns and operates a chain of 21 smart business parks that combine services with flexible and modern office space. The company’s core value is to continuously exceed customer expectations by providing outstanding solutions to 1,700 companies and their 40,000 employees in Finland, Norway, Estonia, Russia and Lithuania. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki.
Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi
Technopolis’ Board of Directors Has Approved Company’s
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