November 16, 2017 / 4:05 PM / a month ago

BRIEF-Catena with new financial targets

Nov 16 (Reuters) - CATENA MEDIA PLC

* HAS A NEW FINANCIAL TARGET TO REACH AN EBITDA IN EXCESS OF EUR 100 MILLION IN 2020​

* ‍SHORT TO MEDIUM TERM GOAL IS TO OPERATE WITH NET DEBT / EBITDA* IN RANGE 1.5-2.5X​

* DOES NOT INTEND TO PAY ANY DIVIDEND PRIOR TO 2020​

* ‍PREVIOUSLY COMMUNICATED FINANCIAL TARGETS EXPIRE.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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