Brief: Duni Q4 operating margin lower, hit by pound weakness

Duni AB

10/02/2017 06:45

Feb 10 (Reuters) - Duni AB  DUNI.ST  
    * Q4 net sales amounted to SEK 1,234 mln (1,170) 
    * Q4 earnings per share, for continuing operations, after 
dilution amounted to SEK 2.41 (2.32) 
    * Q4 operating income amounted to SEK 171 mln (171) and, 
just as in the previous quarter, the weaker margin is primarily 
due to the weakness of the pound sterling  
    * Q4 operating margin was 13.9 pct (14.6).  
    * Says board of directors proposes a dividend of SEK 5.00 
(5.00) per share 
    * Says operating income in the Consumer business area 
declined to SEK 28 mln (40) due to lower production efficiency, 
increased inventory write-downs and a weaker customer mix than 
last year. Measures are now being implemented aimed at 
strengthening the business area's long-term efficiency and 
product offering.  
 
Source text for Eikon:  ID:nWkr4y0nGs  
Further company coverage:  DUNI.ST  
 
 (Stockholm Newsroom) 
 ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;))