Brief: Duni Q4 Operating Income Up At SEK 199 Million

Duni AB

07/02/2020 06:48

Feb 7 (Reuters) - Duni AB  DUNI.ST :
    * DUNI AB - BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK
5.00
(5.00) PER SHARE TO BE DIVIDED INTO TWO PARTIAL PAYMENTS.
    * DUNI AB - Q4 NET SALES AMOUNTED TO SEK 1,558 M (1,460),
CORRESPONDING TO A 6.7% INCREASE IN SALES
    * DUNI AB - GROUP'S NEW STRATEGY, MARGIN PROGRAM AND FALLING
PULP
PRICES HAVE BEEN THREE OF GREATEST POSITIVE FACTORS DRIVING
GRADUAL IMPROVEMENT IN OPERATING INCOME OVER EACH QUARTER IN
2019
    * DUNI AB - SINGLE BIGGEST NEGATIVE IMPACT ON EARNINGS HAS
BEEN
INCREASED LOGISTICS COSTS
    * DUNI AB - AN IMPAIRMENT LOSS ON GOODWILL TOTALING SEK 58 M
WAS
INCURRED IN QUARTER
    * DUNI AB - PULP PRICES STABILIZED DURING QUARTER BUT ARE
EXPECTED
TO RISE AGAIN IN 2020 - CEO
    * DUNI AB - Q4 OPERATING INCOME  SEK 199 MILLION VERSUS SEK 
137
MILLION YEAR AGO

Source text for Eikon:  ID:nWkr5vJpS4 
Further company coverage:  DUNI.ST 

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