Group
| Target | 31 Dec 2024 | |
| Net debt / adj. EBITDA | below 2.5 | 2.2 |
| Dividend policy | Increasing dividend 40–60% of free cash flow | 44% |
Strategic Business Units
| Growth at Learning | Target | FY 2024 |
| Comparable net sales | Mid single-digit | -2% |
| Adjusted operating profit | High single-digit | 19.2% |
| Growth at Media Finland | Target | FY 2024 |
| Comparable net sales | Stable | -1% |
| Adjusted operating profit | Low single-digit | 8.2% |
Growth is measured with a 3-year CAGR (compound average growth rate). Additional considerations on top of the above financial targets are:
- In Learning, the Dutch distribution sales are expected to be around EUR 40 million lower in 2026, improving Learning margin clearly above 23% in 2026.
- In Media Finland, substantial net sales (above EUR 20 million p.a.) and earnings growth, in addition to the above targets, is expected from the opening of the gambling market from 2027.
