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Technopls Ventures Ltd. — Management Reports 2011
Sep 20, 2011
7074_rns_2011-09-20_73f0a1b8-e40c-4cf4-8fea-2212eec097f6.html
Management Reports
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Technopolis' Strategic Targets for 2016
Technopolis' Strategic Targets for 2016
TECHNOPOLIS PLC STOCK EXCHANGE RELEASE September 20, 2011 at 14.00
Technopolis' Strategic Targets for 2016
The Board of Directors of Technopolis Plc has concluded the company's strategic
targets for the period 2012 - 2016. The company aims to increase its net sales
and EBITDA by an annual average of 15 %. The earlier target was an annual
average of 10 %. The goal is to generate over EUR 50 million net sales outside
Finland by 2016. The company seeks to create at least 6 % return on capital
employed annually and the Group's equity ratio will be over 35 % over the
cycle. The aim is to distribute 40 - 50 % of net profit excluding changes in
fair value as dividends.
The company aims to strengthen the contribution of health and education sector
in its customer portfolio by investing in these segments and specific services
employed by them. It is estimated that in 2012 the largest customers of the
company are as follows:
Share of group's net sales Jan 1 - 31, 2012
Tieto Plc 3,0 %
University of Jyväskylä 2,7 %
Nokia Asset Management Ltd 2,7 %
Renesas Mobile Europe Ltd 2,3 %
Aalto University 1,8 %
To manage risks Technopolis aims to diversify its customer portfolio both
between business sectors and regionally.
Technopolis Plc
Keith Silverang
CEO
Phone +358 40 566 7785
Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi