Brief: Arendals Fossekompani Dividend Of NOK 1.00 Per Share For Quarter

Arendals Fossekompani ASA

05/05/2023 07:40

May 5 (Reuters) - Arendals Fossekompani ASA  AFK.OL :
    * ARENDALS FOSSEKOMPANI WILL PAY A DIVIDEND OF NOK 1.00 PER
SHARE
FOR QUARTER.
    * OPERATING PROFIT IN QUARTER WAS DRIVEN BY INCREASED
PRODUCTION
OF HYDROPOWER AND STRONGER RESULTS FROM KEY PORTFOLIO COMPANIES
    * OUTLOOK 2023: REVENUE, OPERATING PROFIT FOR AFK VANNKRAFT
IS
EXPECTED TO BE CONSIDERABLY LOWER IN 2023 COMPARED TO  2022
    * OUTLOOK 2023:  INCREASED TAX BURDEN ON NORWEGIAN
HYDROPOWER
INDUSTRY WILL  INFLUENCE NET CASH GENERATED FROM HYDROPOWER
PRODUCTION
    * OUTLOOK 2023:  AFK GROUP REVENUE, OPERATING PROFIT FOR
2023 ARE
EXPECTED TO BE IN LINE WITH 2022

Source text for Eikon:  ID:nObicvsCga 
Further company coverage:  AFK.OL 

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