SATO Corporation's financial targets changed
14 December 2017
SATO Corporation, Stock exchange release, 14th December 2017 at 8:00 am
The Board of Directors of SATO Corporation has updated the group's long-term financial targets. The group will continue to strengthen the balance sheet. New target for solvency ratio is not to exceed 50% over time. The previous target for solvency ratio was to remain below 70%.
The other financial targets of the group remain unchanged. This means that the target for the equity ratio is to be over 35%, for the interest coverage ratio to be over 1.8x and for the unencumbered assets ratio to be 60% or more.
For more information please contact:
Markku Honkasalo, CFO, phone: +0201 34 4226 or +358 50 598 8728