Group

  Target 31 Dec 2024
Net debt / adj. EBITDA below 3.0 2.2
Equity ratio 35-45% 45.0%
Dividend policy Increasing dividend 40-60% of free cash flow 44%

SBUs

Learning Target FY 2024
Comparable net sales growth 2-5% -2%
Operational EBIT margin excl. PPA above 23% 19.2%
Media Finland Target FY 2024
Comparable net sales growth +/-2% -1%
Operational EBIT margin excl. PPA 12-14% 8.2%