Brief: Bulten Q4 posts higher operating profit, proposes raised dividend

Bulten AB

09/02/2017 12:30

Feb 9 (Reuters) - Bulten AB  BULTEN.ST  
    * Says board of Bulten AB proposes to AGM a total dividend 
of SEK 4.50 per share for 2016 
    * Q4 net sales reached SEK 674 million (667), an increase of 
1.0% on same period last year. 
    * Q4 Order bookings amounted to SEK 744 million (674), an 
increase of 10.5% on the same period last year. 
    * Says 3.50 SEK (3.25) per share is to be considered as 
ordinary dividend and 1.00 SEK per share is to be considered as 
extra dividend 
    * Says prospects for winning market share will be good from 
second half of 2017 
    * Bulten AB Q4 operating earnings (ebit) were SEK 52 million 
(47), which corresponds to an operating margin of 7.7% (7.1) 
 
Further company coverage:  BULTEN.ST  
 
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