Brief: Garo Q4 EBIT up at sek 30.3 mln

Garo AB

22/02/2017 06:30

Feb 22 (Reuters) - Garo AB  GARO.ST : 
    * Q4 net sales increased 20 percent to 200.9 million Swedish 
crowns ($22.4 million) (167.4 million crowns year ago) 
    * Q4 EBIT rose 85 pct to 30.3 million crowns (16.4 million 
crowns) 
    * We continue to strengthen our position in a growing 
market. Expansion will continue in 2017 
    * Board proposes a dividend for 2016 of 2.85 crowns per 
share 
 
Source text for Eikon:  ID:nWkr41FyNc  
     
Further company coverage:  GARO.ST  
 
($1 = 8.9756 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))