Previously, the company’s dividend distribution was largely based on the distribution of funds to shareholders accumulated from capital gains from selling businesses or other assets. The Board of Directors wants to develop the company with a long-term view and it considers acquisitions to be an important element of the strategy of profitable growth. The dividend policy has been revised to correspond to the company’s strategic objectives and, going forward, the company intends to distribute dividends primarily as its operational activities allow. The new dividend policy is as follows:
Loihde aims to distribute dividends annually in an amount representing at least 30 per cent of the Loihde Group’s profit for the financial period. The company will assess the conditions for the distribution of dividends annually, taking into account the company’s financial position, the achievement of growth and development targets and the investments necessary for that purpose as well as other material factors influencing the distribution of dividends.