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2011-01-28 07:20:00 CET 2011-01-28 07:20:38 CET SÄÄNNELTY TIETO Wärtsilä - Company AnnouncementWärtsilä redefines its financial targetsWärtsilä Corporation Company announcement 28 January 2011 at 8.20 local time Wärtsilä has redefined its long-term financial targets. Our target is to grow faster than global GDP. Our operating profit margin (EBIT%) target is 14% at the peak of the cycle. At the trough of the cycle, our target is to keep operating profit margin above 10%. Our target is to maintain gearing below 50%. Our target is to pay a dividend equivalent to 50% of earnings per share. For further information, please contact: Raimo Lind Executive Vice President & CFO Tel: +358 10 709 5640 raimo.lind@wartsila.com Joséphine Mickwitz Director, Investor Relations Tel: +358 400 784 889 josephine.mickwitz@wartsila.com For press information, please contact: Atte Palomäki Group Vice President, Communications & Branding Tel: +358 40 547 6390 atte.palomaki@wartsila.com Wärtsilä Corporation [HUG#1483213] |
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