Brief: Hexpol Q4 Operating Profit Ex-Items Flat At SEK 522 Mln

Hexpol AB

30/01/2020 12:05

Jan 30 (Reuters) - Hexpol AB  HPOLb.ST :
    * YEAR-END REPORT 2019
    * Q4 SALES INCREASED 6 PER CENT TO 3,774 MSEK (3,557).
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF 2.30 SEK PER
SHARE
(2.25), AN INCREASE BY 2 PER CENT.
    * Q4 OPERATING PROFIT, EXCLUDING. NON-RECURRING ITEMS,
AMOUNTED TO
522 MSEK (522)
    * SALES INCREASED, THANKS TO ACQUISITIONS, DURING YEAR
    * SALES INCREASED, THANKS TO ACQUISITIONS, DURING YEAR
    * WE SAW ORGANICALLY A NEGATIVE SALES DEVELOPMENT IN QUARTER
DRIVEN BY A CONTINUED SOFTENING IN DEMAND
    * OUR FINANCIAL POSITION REMAINS STRONG AND WE ARE WELL
EQUIPPED
FOR FURTHER EXPANSION
    * TWO PRODUCTION UNITS IN US WERE CLOSED DURING QUARTER

Source text for Eikon:  ID:nWkr3SrSsw 
Further company coverage:  HPOLb.ST 

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