Etteplan Oyj publishes a dividend policy aligned with its growth strategy
Stock exchange release – Published: 05.04.2023 9:00:00
Etteplan Oyj, Stock Exchange Release, 5.4.2023, at 9:00 A.M. EEST
Etteplan Oyj publishes a dividend policy aligned with its growth strategy
Etteplan’s Board of Directors has resolved on the company’s dividend policy. Etteplan has previously not had a published dividend policy, but the company has mainly paid a dividend of 50% of earnings per share, which has been rounded down.
The targets of Etteplan’s dividend policy are:
- Etteplan aims to pay an increasing dividend, taking into account the company's strong growth strategy
- A dividend of 35-60% of earnings per share
- Dividend payout once a year
Espoo 5.4.2023
Etteplan Oyj
Board of Directors
DISTRIBUTION
Nasdaq Helsinki
Major media
www.etteplan.com
For more information, please contact:
Juha Näkki, President and CEO, tel. +358 10 307 2077
Outi Torniainen, SVP, Marketing and Communications, tel. +358 10 307 3302
Etteplan in brief
We are a rapidly growing technology service company specializing in software and embedded solutions, engineering solutions, and technical communication solutions. We are a forerunner in the engineering industry and we differentiate ourselves by the wide-ranging competence of our experts. Our customers include world’s leading companies in the manufacturing industry. We help them to create a better world through engineering, innovation and digitalization. Etteplan has lead the way in the engineering field already since 1983. In 2022, we had a turnover of EUR 350.2 million. The company currently has some 4,000 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com
