IT company Tecnotree announced that it would update its outlook for 2025 and that it would also update its dividend policy.
In 2025, Tecnotree expects the ratio of fixed asset investments to sales to be 10–12 percent and free cash flow to be greater than 3 million euros.
The company plans to distribute a dividend of 10 percent of the free cash flow.
The company repeated its previous outlook for 2024 in connection with the announcement.
The company expects turnover to increase by 2–7 percent in 2024 compared to the previous year, operating profit (ebit) to increase by 7–15 percent compared to the previous year, and free cash flow to be 2–5 million euros in the second half of 2024.
Tecnotree is organizing a virtual event today, which deals with certain forward-looking financial guidance that the company wants to inform the market about.
Source: www.arvopaperi.fi