News: AHY Asaleo Care Says Targeting 5-7% Revenue Growth For FY21

Jan 27 (Reuters) - Asaleo Care Ltd (AHY) :

• TRADING UPDATE, OUTLOOK AND RESPONSE TO PROPOSAL-AHY.AX
• FY20 REVENUES $419.2M, UP 2.3%
• TARGETING 5-7% REVENUE GROWTH FOR FY21
• ESSITY PROPOSAL "FUNDAMENTALLY UNDERVALUES ASALEO CARE AND IS MATERIALLY INADEQUATE"
• TARGETING MID-SINGLE DIGIT REVENUE GROWTH FOR FY22
• FY UNDERLYING EBITDA $87.2 MILLION
• TARGETING EBITDA $90-93MLN FOR FY21
• FY REVENUE ROSE 2.3 PCT TO A$ 419.2 MLN
• FY22 TARGETING MID-SINGLE DIGIT REVENUE GROWTH AND EBITDA GROWTH OF 10%+

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