VR Group updates its long-term financial target
VR-Group Plc, Stock Exchange Release, 16 February 2024 at 9:45 a.m.
VR Group updates its long-term financial target
VR-Group Plc updates its long-term financial target regarding the return on capital employed. VR’s Board of Directors has revised the long-term comparable return on capital employed target. The new comparable return on capital employed target is 8.0%. The previous target was 7.0%.
Net debt to comparable EBITDA target will remain unchanged, with a long-term maximum of 3.0.
VR-Group Plc
Board of Directors
Contacts
- VR Mediadesk, +358 (0)29 434 7123, [email protected]
About VR-Yhtymä Oyj
At VR, we promote responsible transport of the future. We are a passenger, logistics and maintenance service company owned by the Finnish state, and we increase the popularity of carbon-neutral rail and city traffic. We ensure smooth daily travel in Finland and Sweden and act as a pillar of support for industry in Finland’s logistics. In 2022, our customers made a total of 194.2 million journeys with us, and we transported 34.4 million tonnes of goods. Our net sales amounted to EUR 1,107.0 million and we employed approximately 9,000 top professionals. Further information: https://www.vrgroup.fi/en/
