Brief: Nolato Q4 EBITA Down At SEK 214 Million

Nolato AB

12/02/2019 13:33

Feb 12 (Reuters) - Nolato AB  NOLAb.ST :
    * NOLATO YEAR-END REPORT: STRONG FINANCIAL POSITION AND
PROPOSED
INCREASE IN DIVIDEND
    * Q4 SALES TOTALLED SEK 1,781 MILLION (1,926)
    * Q4 EBITA SEK 214 MILLION VERSUS SEK 230 MILLION YEAR AGO
    * BOARD OF DIRECTORS PROPOSES AN INCREASED DIVIDEND WITH 12%
OF
SEK 14.00 (12.50) PER SHARE
    * WEAK MARGIN WAS DUE TO CONTINUED UNSATISFACTORY EFFICIENCY
IN
AUTOMOTIVE AND LOW VOLUMES PRIOR TO CHRISTMAS BREAK

Source text for Eikon:  ID:nWkr4sz3wC 
Further company coverage:  NOLAb.ST 

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