Brief: BE Group Q4 Operating Profit at SEK 22 Million

BE AB (publ)

31/01/2019 06:49

Jan 31 (Reuters) - BE Group AB (publ)  BEGR.ST :
    * YEAR-END REPORT 2018 - IMPROVED RESULT AND CASH FLOW DURING THE FOURTH QUARTER, THE BOARD
OF
DIRECTORS PROPOSES DIVIDEND OF SEK 1.75 PER SHARE
    * Q4 NET SALES SEK 1.15 BILLION VERSUS SEK 1.09 BILLION YRAGO
    * Q4 OPERATING PROFIT SEK 22 MILLION VERSUS SEK 5 MILLION YEAR AGO
    * STEEL PRICES STABILIZED IN LINE WITH PREVIOUS QUARTER WHICH RESULTED IN LOWER INVENTORY
GAINS
COMPARED TO LAST YEAR
    * DEMAND IN NEXT QUARTER IS EXPECTED TO REMAIN STRONG IN COMPANY'S MAIN MARKETS
    * PROPOSES DIVIDEND OF SEK 1.75 (-) PER SHARE FOR THE NANCIAL YEAR OF 2018.

Source text for Eikon:  ID:nWkr7k4lFx 
Further company coverage:  BEGR.ST 

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