May 21, 2019 / 4:49 AM / a month ago

BRIEF-Temenos Announces New Sustainable Long Term Growth Targets

May 21 (Reuters) - TEMENOS AG:

* ANNOUNCES NEW SUSTAINABLE LONG TERM GROWTH TARGETS

* GROWTH TARGETS AND 3-5 YEAR TARGETS

* NON-IFRS TOTAL REVENUE GROWTH OF AT LEAST 10-15% CAGR

* NON-IFRS EBIT MARGIN OF 36%+

* 3-5 YEARS TARGETS: NON-IFRS EBIT MARGIN EXPANSION OF 100-150BPS P.A.

* 3-5 YEAR TARGETS: TAX RATE OF 18-20% Source text - bit.ly/30zjwI4 Further company coverage: (Gdynia Newsroom)

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