Restamax Plc: RESTAMAX PLC'S LONG-TERM FINANCIAL GOALS FOR 2016-2018

Restamax Plc

STOCK EXCHANGE RELEASE 18 DECEMBER 2015 at 10:00 am

RESTAMAX PLC'S LONG-TERM FINANCIAL GOALS FOR 2016-2018

In its meeting on 17 December 2015, Restamax Plc's Board of Directors has ratified the new long-term financial goals for strategy period 2016-2018.

The company will expand its restaurant business abroad. The company will expand abroad through corporate acquisitions and organic growth.

The company will also continue to grow profitably in Finland through the restaurant business and the labour hire business.

By the end of 2018, the company will be seeking a turnover of MEUR 180. EBITDA and operating profit are expected to remain on a good level.

The company's dividend payment policy will remain unaltered.

Additional information:
Markku Virtanen, CEO, Restamax Plc, tel. +358 400 836 477
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655

Distribution:
Nasdaq OMX Helsinki
Major media
www.restamax.fi

Restamax Plc is a Finnish restaurant business group established in 1996 that also offers labour hire services. The company, which listed on NASDAQ OMX Helsinki Oy in 2013 and became the first Finnish listed restaurant company, has continued to grow steadily throughout its history. The Group companies include approximately 100 restaurants, cafes, pubs and nightclubs throughout Finland. The Group's well-known restaurant concepts include the von Trappe restaurants, Bodega Salud, Viihdemaailma Ilona, American Diner, Daddy's Diner, Stefan's Steakhouse, and the Galaxie and Space Bowling & Billiards entertainment centres. Restamax Plc employs between 900 and 1,100 people depending on the season. The turnover for 2014 was MEUR 86.7 and the EBITDA was MEUR 12.0.

Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi