Etteplan Oyj - Company Announcement

Etteplan updates its strategic and financial targets

ETTEPLAN Oyj Stock exchange release 19.12.2016 at 1.00 P.M.

The Board of Directors of Etteplan Oyj has in its meeting on December 19, 2016
decided to update Etteplan's strategic and financial targets. The new targets
are: 

  -- Growth: Average annual revenue growth 15 per cent.
  -- Profitability: EBIT from business operations 10 per cent of revenue.
  -- Managed Services: The share of Managed Services of Revenue i.e. Managed
     Services index (MSI) 65 per cent by the 2019.
  -- Balance sheet: Equity ratio >30 per cent.

The targets for growth and profitability remain the same as before. The target
for Managed Services was previously 50 per cent. The target related to equity
ratio is new. 

Vantaa December 19, 2016

Etteplan Oyj

Board of Directors



For more information:  Juha Näkki, CEO and President, tel. +358 400 606 372



DISTRIBUTION:
Nasdaq Helsinki
Major media
www.etteplan.com

Etteplan's services cover engineering, technical documentation, embedded
systems and IoT solutions. Our customers are the world's leading companies in
the manufacturing industry. Our services are geared to improve the
competitiveness of our customers' products and engineering processes throughout
the product life cycle. The results of Etteplan's innovative engineering can be
seen in numerous industrial solutions and everyday products. 

In 2015, Etteplan had turnover of EUR 141.1 million. The company has about
2,500 professionals in Finland, Sweden, the Netherlands, Germany, Poland and
China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETT1V
ticker. www.etteplan.com