Brief: Naxs Q4 Net Loss Widens To SEK 3.7 Million

NAXS AB (publ)

29/01/2019 07:40

Jan 29 (Reuters) - NAXS AB (publ)  NAXS.ST :
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF MAXIMUM SEK
2.80/SHARE
FOR FISCAL YEAR 2018
    * BOARD OF DIRECTORS PROPOSES TO ANNUAL GENERAL MEETING TO
VOTE ON
A CONTINUED SHARE REPURCHASE MANDATE.
    * 2018 NET PROFIT FOR PERIOD AMOUNTED TO MSEK 18,5 (40,7)
    * NET ASSET VALUE AMOUNTED TO MSEK 736 (SEK 61.81 PER SHARE)
AT
DECEMBER 31, 2018
    * AT END OF 2018, NAXS HAD IN EXCESS OF 35% OF CASH ON ITS
BALANCE
SHEET
    * Q4 NET LOSS SEK 3.7 MILLION VERSUS LOSS SEK 2.7 MILLION
YEAR AGO

Source text for Eikon:  ID:nGNE4x0Bxq 
Further company coverage:  NAXS.ST 

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