Tikkurila Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Tikkurila Oyj Issues FY 2018 Revenue Guidance
Tikkurila Oyj announced that its Board of Directors has adopted new financial targets for the Group, aiming at higher growth, profitability and solvency level. In addition, the target level for return on capital employed (ROCE) was defined. The targets will be measured after a five-year period (2013-2017) in 2018. The Company's new financial target for fiscal year 2018 is revenue of EUR 1 billion. It also expects to report fiscal year 2018 Operative EBIT margin over 12%, operative return on capital employed (ROCE) over 20% and gearing less than 70%.
Latest Developments for Tikkurila Oyj
- Tikkurila Oyj proposes FY 2013 dividend and issues FY 2014 revenue guidance in line with analysts' estimates and FY 2014 EBIT guidance
- Tikkurila Oyj to Change Segment Reporting Structure from Beginning of 2014
- Tikkurila Oyj Reiterates FY 2013 Financial Outlook
- Tikkurila Oyj Maintains FY 2013 Financial Guidance
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