Cyfrowy Polsat Aims To Restore Potential To Pay Dividends By 2030 - Strategy

By Reuters News

- Cyfrowy Polsat SA CPS.WA:

  • GROUP ANNOUNCES UPDATED STRATEGY FOR 2027–2030+

  • UNDER STRATEGY TO SEEK SALE OF NON-CORE ENERGY AND REAL ESTATE ASSETS, WITH PROCEEDS FIRST USED TO PAY DOWN DEBT

  • UNDER STRATEGY PLANS PARTNERSHIPS WITH CELLNEX, VODAFONE, YOUTUBE, GOOGLE CLOUD TO SUPPORT TMT STRATEGY

  • AIMS TO RESTORE POTENTIAL TO PAY DIVIDENDS BY 2030

  • TARGETS AVERAGE ANNUAL INCREASE IN TMT EBITDA OF 4–6% FROM 2029 TO 2034

  • EXPECTS TMT CAPEX TO REVENUE RATIO OF 6-8% FROM 2027 ONWARDS

  • AIMS TO REDUCE NET DEBT TO EBITDA RATIO BELOW 2.5X BY 2030

Further company coverage: CPS.WA

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