Financial targets

Alma Media's long-term financial targets** are as follows:

  • annual growth in the digital business over 12%
  • return on investment (ROI) over 17% per year
  • dividend over 50% of earnings per share 
Alma Media's financial targets Target level  2014 2015201620172018
Digital business growth, %  > 12% 11.9% 10.4%27,9%17%9%
Return of Investment (ROI), % > 17% 9.8% 6,9%10.1%18%22%
Dividend payout ratio* > 50% 63% 92%78%62%69%

*Includes repayment of capital to shareholders.
** Alma Media updated its long-term financial targets on December 3, 2018.