Financial targets

Terveystalo’s financial targets and dividend policy

The Board of Directors has adopted the following long-term financial targets for Terveystalo on 15 June 2020:

Growth 
At least 5% annual growth in revenue in the long term through a combination of organic growth and acquisitions 

Profitability 
An adjusted EBITA margin of 12–13% of revenue in the medium to long term  

Indebtedness 
Interest-bearing Net debt/Adjusted EBITDA not to exceed 3.5 times. However, indebtedness may temporarily exceed the target level, for example, in conjunction with acquisitions

Dividend 
The aim is to distribute at least 40% of net profit as dividends annually. The proposed dividend shall take Terveystalo’s long-term development potential and financial position into account.