Brief: Balco Group Q4 Operating Profit Rises To SEK 26.3 Million

Balco AB

23/02/2018 07:00

Feb 23 (Reuters) - BALCO GROUP AB  BALCO.ST : 
    * STRENGTHENED FINANCIAL POSITION AND SOLID EARNINGS AND 
PROFIT 
GROWTH 
    * Q4 NET SALES SEK 283.7 MILLION VERSUS SEK 237.7 MILLION 
YEAR 
AGO 
    * Q4 OPERATING PROFIT SEK 26.3 MILLION VERSUS SEK 15.4 
MILLION 
YEAR AGO 
    * ORDER BACKLOG INCREASED 12 PERCENT AND AMOUNTED TO SEK 
1,238.4 
(1,107.2) MILLION AT END OF YEAR 
    * PROPOSES THAT 2018 AGM APPROVE A DIVIDEND OF SEK 1.00 PER 
SHARE 
FOR 2017 
 
Source text for Eikon:  ID:nWkr7tMms6  
Further company coverage:  BALCO.ST  
 
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