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BRIEF-CLX Communications sets new financial targets
May 19, 2017 / 5:41 AM / 4 months ago

BRIEF-CLX Communications sets new financial targets

May 19 (Reuters) - CLX COMMUNICATIONS AB (PUBL)

* REG-CLX COMMUNICATIONS AB (PUBL): NEW FINANCIAL TARGETS

* TARGET IS THAT NET DEBT OVER TIME SHALL BE BELOW TWO TIMES ADJUSTED EBITDA

* DIVIDEND POLICY - CONTINUES TO SEE GOOD GROWTH OPPORTUNITIES AND THEREFORE PROPOSES THAT COMPANY‘S EARNINGS PRIMARILY ARE REINVESTED

* TARGET IS GROWTH IN ADJUSTED EBITDA PER SHARE BE 20 PER CENT PER YEAR, STARTING WITH CALENDAR YEAR 2016. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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