Brief: New Wave Group Q4 operating profit increases 54 pct

New Wave AB

09/02/2017 06:00

Feb 9 (Reuters) - New Wave Group AB  NEWAb.ST  
    * Q4 sales amounted to SEK 1,549 million, which was 10 pct 
higher than last year (SEK 1,405 million). 
    * Q4 operating profit amounted to SEK 167.0 (108.4) million 
    * Says board of directors has decided to propose to AGM a 
dividend of 1.35 (1.00) SEK per share equal to SEK 89.6 million 
    * Says the investments made in 2014-2016, are 
still far from their full potential and Craft Teamwear was 
launched in January 
2017 
    * Says this launch will give additional growth, primarily 
from 2018 
    * Says heading towards the launch of Craft footwear 
 
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