Catena Media has two main financial targets (updated as of 19 May 2021).
- Profitable double-digit organic growth on a yearly basis, with North America being the core growth driver.
- Operate on a net interest-bearing debt/adjusted EBITDA interval of 0-1.75.
According to the restrictions in the terms and conditions of the existing senior (un)secured bonds, dividends for ordinary shares are currently not allowed. The Company intends to refinance the existing senior (un)secured bonds during the first half of 2021, which will make it possible to pay dividends from the second half of 2021. There was no dividend paid for the financial period from 1 January to 31 December 2020.
Taken from the 2020 Annual Report.