Oct 24 (Reuters) - Duni AB DUNI.ST:
Q3 ORGANIC GROWTH -0.5%
Q3 SALES SEK 1,972 MILLION
Q3 NET INCOME SEK 112 MILLION
Q3 OPERATING INCOME SEK 168 MILLION
Q3 EPS SEK 2.23
COST-SAVING INITIATIVES IMPLEMENTED IN SALES CHAIN ARE STARTING TO SHOW RESULTS, AND ARE EXPECTED TO ACHIEVE FULL EFFECT IN Q4
WE ARE SEEING FEW NEW ESTABLISHMENTS AND AN INCREASED NUMBER OF BANKRUPTCIES, WITH CONSEQUENCES THAT INCLUDE INCREASED PRICE PRESSURE
GROWTH TARGET IS BEING INCREASED TO 6% FROM PREVIOUS 5%
DIVIDEND TARGET IS BEING INCREASED FROM >40% TO >50% OF INCOME AFTER TAX, WHILE OPERATING MARGIN TARGET OF >10% REMAINS
Source text: ID:nWkr2c65Xw
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