Brief: Note Q4 Operating Profit Up By 27%

Note AB (publ)

05/02/2020 07:35

Feb 5 (Reuters) - Note AB (publ)  NOTE.ST :
    * NOTE AB (PUBL) - Q4 OPERATING PROFIT WAS UP BY 27% TO SEK
35
(28) MILLION.
    * NOTE AB (PUBL) - Q4 SALES INCREASED BY 22% TO SEK 483
(397)
MILLION. EXCLUDING ACQUISITIONS, GROWTH WAS 20%
    * NOTE AB (PUBL) - BOARD OF DIRECTORS IS PROPOSING A
DIVIDEND OF
SEK 1.20 (0.70) PER SHARE, CORRESPONDING TO SEK 35 (20) MILLION.
    * NOTE AB (PUBL) - 2019 WAS A RECORD YEAR FOR NOTE WITH
STRONG
GROWTH, INCREASED PROFITABILITY AND EXCEPTIONALLY STRONG CASH
FLOW IN Q4.
    * NOTE AB (PUBL) - Q4 OPERATING PROFIT WAS UP BY 27% TO SEK
35
(28) MILLION
    * NOTE AB (PUBL) - OUR MARKET OUTLOOK IS NOW MUCH MORE
POSITIVE
THAN AFTER Q3 AND OUR VIEW IS THAT DEMAND TODAY IS STRONGER
    * NOTE AB (PUBL) - ORDER BACKLOG CONTINUES TO GROW AT RATE
WE
EXPECTED, AND OUR OVERALL PICTURE IS THAT CONDITIONS FOR
CONTINUED STRONG GROWTH ARE VERY GOOD

Source text for Eikon:  ID:nWkr7bH4zs 
Further company coverage:  NOTE.ST 

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