Brief: Bulten Q4 EBIT Falls To SEK 27 Million

Bulten AB

06/02/2020 12:35

Feb 6 (Reuters) - Bulten AB  BULTEN.ST :
    * BULTEN'S Q4 REPORT 2019
    * BULTEN AB -Q4  NET SALES AMOUNTED TO SEK 784 (747)
MILLION, AN
INCREASE OF 5.0% ON SAME PERIOD LAST YEAR.
    * BULTEN AB - BOARD OF BULTEN AB WILL PROPOSE TO ANNUAL
GENERAL
MEETING A DIVIDEND OF SEK 4.00 (4.00) PER SHARE FOR 2019,
DIVIDED INTO TWO PAYMENTS.
    * BULTEN AB - Q4 OPERATING EARNINGS (EBIT) TOTALED SEK 27
(48)
MILLION
    * BULTEN AB - Q4 ORDER BOOKINGS AMOUNTED TO SEK 842 (741)
MILLION,
AN INCREASE OF 13.6% ON SAME PERIOD LAST YEAR
    * BULTEN AB - DESPITE CONTINUED CAUTIOUS MARKET DEVELOPMENT,
BULTEN'S NET SALES AND ORDER BOOKINGS DEVELOPED WELL DURING Q4
    * BULTEN AB - 2019 WAS A MIDDLE YEAR FOR BULTEN, AFFECTED BY
A
CAUTIOUS MARKET AND INITIATED PROGRAMS OF MEASURES
    * BULTEN AB - WE NOW START OFF 2020 STRONGER AND IN A BETTER
POSITION, THANKS TO IMPLEMENTED STRATEGIC MEASURES, INCREASED
VOLUMES FROM ALREADY CONTRACTED BUSINESS AND AGREED ACQUISITION
OF PSM.

Source text for Eikon:  ID:nWkr5zBVl5 
Further company coverage:  BULTEN.ST 

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