Press release -
Proposal for changed financial targets for Swedavia
At Swedavia AB’s board meeting today, it was decided to summon to an extra general meeting with the purpose to propose a change in financial targets for Swedavia AB.
The Board proposes that the profitability return on operating capital before tax be revised to at least 6 percent (existing target at least 7 percent).
The Board further proposes that the debt-equity target be revised to the range 0.7-1.5 times (existing range 1.0-1.5 times).
The dividend policy is not subject to revision.
The extra general meeting will take place on Monday, October 9, 2017 at 2 p.m. at Stockholm Arlanda Airport.
For more information, please contact Ulrika Fager at telephone number +46 (0)10-109 40 43 or contact the Swedavia Press Officer on Call at telephone number +46 (0)10-10 90 100 or via e-mail at press@swedavia.se.
This is information that Swedavia AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17.00 on 12 September 2017.
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Swedavia is a State-owned group that owns, operates and develops ten airports across Sweden. Our role is to create the access Sweden needs to facilitate travel, business and meetings – inSweden, in Europe and around the world. Safe, satisfied passengers are the foundation of our business. Swedavia is a world leader in developing airports with the least possible environmental impact. The Group has revenue of almost 5.5 billion Swedish kronor and some 2,500 employees.
