Brief: Lassila & Tikanoja Q4 EBIT Rises To EUR 11.4 Million

Luotea Oyj

31/01/2018 06:00

Jan 31 (Reuters) - LASSILA & TIKANOJA OYJ  LAT1V.HE : 
    * Q4 NET SALES EUR 207.0 MILLION VERSUS EUR 168.3 MILLION 
YEAR 
AGO 
    * Q4 EBIT  EUR 11.4 MILLION VERSUS EUR 10.5 MILLION YEAR 
AGO 
    * BOARD OF DIRECTORS PROPOSES A FY DIVIDEND OF EUR 0.92 PER 
SHARE 
    * SAYS WEAK PROFITABILITY OF RENOVATION BUSINESS WEIGHED 
DOWN ON 
OPERATING PROFIT IN 2017 
    * NON-RECURRING COSTS RELATED TO ACQUISITION WEIGHED DOWN 
ON 
GROUP'S OPERATING PROFIT 
    * LASSILA & TIKANOJA'S NET SALES AND OPERATING PROFIT IN 
2018 ARE 
EXPECTED TO BE ABOVE 2017 LEVELS. 
    * LASSILA & TIKANOJA'S NET SALES AND OPERATING PROFIT IN 
2018 ARE 
EXPECTED TO BE ABOVE 2017 LEVELS. 
 
Source text for Eikon:  ID:nHSU7ky8  
Further company coverage:  LAT1V.HE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))