Brief: IAR Systems Group Q4 operating profit grows to SEK 26.7 mln

IAR Systems AB

14/02/2017 13:00

Feb 14 (Reuters) - Iar Systems Group AB  IARb.ST : 
    * Q4 net sales 85.0 million Swedish crowns ($9.54 million) 
versus 75.9 million crowns year ago 
    * Q4 operating profit 26.7 million crowns versus 18.4 
million crowns year ago 
    * Intends to propose an ordinary dividend of 5.00 crowns per 
share 
    * Says financial targets are sales should increase 10-15% 
annually in local currency and operating margin to exceed 25% 
over business cycle 
 
Source text for Eikon:  ID:nWkr6xgf1W  
Further company coverage:  IARb.ST  
 
($1 = 8.9054 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))