By Dominic ChoppingSTOCKHOLM--EQT confirmed its medium- to long-term revenue and margin targets while outlining its strategic objectives. The Swedish private-equity firm still expects total revenue growth to exceed the long-term growth rate of the private markets industry with an adjusted earnings before interest, tax, depreciation and amortization margin of between 55% and 65%, it said Wednesday in conjunction with an investor event. EQT listed in Stockholm in 2019 and at the time said it to aimed to generate a steadily increasing annual dividend in absolute euro denominated terms. It has now refined its expectation, aiming to generate a steadily increasing annual dividend per share, and may complement its ordinary dividend with further cash distributions, share buybacks, or a combination of both. Write to Dominic Chopping at dominic.chopping@wsj.com(END) Dow Jones NewswiresMarch 06, 2024 07:19 ET (12:19 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal March 06, 2024 12:47 UTC