Medium- to long-term targets
Eltel has defined the following medium- to long-term targets:
- Average annual organic revenue growth of
approximately 5% and approximately 5% annual growth from M&A including new outsourcing
- a reported EBITA margin of approximately 6%
- average cash conversion of 95-100% of EBITA, and
- a leverage ratio of 2.0-2.5 x Net debt/EBITDA
Medium- to long-term should roughly be seen as a three- to five-year period.