Brief: Lundbergs Q4 Operating Profit Down AT SEK 2.33 Bln

L E Lundbergforetagen AB (publ)

25/02/2021 14:09

Feb 25 (Reuters) - L E Lundbergforetagen AB (publ)  LUNDb.ST :
    * A DIVIDEND OF SEK 3.50 PER SHARE IS PROPOSED.
    * Q4 NET SALES SEK  5.22 BILLION VERSUS SEK 5.12 BILLION YEAR AGO
    * THE COVID-19 PANDEMIC IMPACTED SALES MAINLY THROUGH A REDUCTION IN RENTAL INCOME AND
SUSPENDED
DIVIDENDS AS WELL AS A REDUCTION IN DEMAND FOR PAPER
    * EARNINGS WERE IMPACTED BY THE DECLINE IN VALUE OF REAL ESTATE IN HUFVUDSTADEN
    * Q4 OPERATING PROFIT SEK 2.33 BILLION VERSUS SEK 13.51 BILLION YEAR AGO
    * ON DECEMBER 31, 2020, NET ASSET VALUE AFTER DEFERRED TAX AMOUNTED TO SEK 110.7 BILLION
(SEK 446
PER SHARE)

Source text for Eikon:  ID:nWkrb3KBxB 
Further company coverage:  LUNDb.ST 

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