Elisa - Company Announcement

Elisa’s Midterm Targets and Distribution Policy

ELISA STOCK EXCHANGE RELEASE 27 OCTOBER 2016 AT 11:00 AM

Elisa has updated its medium term financial targets by the end of 2019. The
targets are: 

Revenue growth   Above industry average
EBITDA margin    Above 37 per cent     
CAPEX/Sales      Maximum 12 per cent   
Net Debt/EBITDA  1.5−2x                
Equity ratio     Above 35 per cent     

Elisa has reiterated its distribution policy:

Profit distribution is 80−100 per cent of the previous fiscal year's net
profit. In addition possible excess capital can be distributed to shareholders.
When making the distribution proposal or decision the Board of Directors will
take into consideration the company´s financial position, future financial
needs and financial targets. Profit distribution methods include dividend
payment, capital repayment and purchase of treasury shares. 


ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 10 262 3036

Distribution:

Nasdaq Helsinki
Principal media
www.elisa.com