Brief: Profoto Holding Q4 EBIT Up At SEK 79 Mln

Profoto Holding AB (publ)

10/02/2022 07:43

Feb 10 (Reuters) - Profoto Holding AB (publ)  PRFO.ST :
    * YEAR-END REPORT 2021
    * Q4 NET SALES TOTALED SEK 218M (173), AN INCREASE OF 25.7
PERCENT
    * Q4 EBIT AMOUNTED TO SEK 79M (46) AND EBIT MARGIN TO 36.1
PERCENT
(26.6).
    * Q4 PROFIT FOR PERIOD INCREASED TO SEK 60M (33).
    * PROPOSES A DIVIDEND OF SEK 3.50 PER SHARE, CORRESPONDING
TO A
TOTAL AMOUNT OF SEK 140M
    * PREVIOUS FINANCIAL TARGET FOR NET SALES, TO "OVER TIME,
ACHIEVE
A CONSTANT CURRENCY ANNUAL ORGANIC GROWTH IN NET SALES OF ABOVE
10 PERCENT AND REACH NET SALES EXCEEDING SEK 800 MILLION BY
2023" HAS BEEN UPDATED SINCE COMPANY BELIEVES TARGET WILL BE
ACHIEVED EARLIER.
    * PROFOTO HOLDING AB (PUBL) - TARGET HAS BEEN UPDATED TO:
"OVER
TIME, ACHIEVE A CONSTANT CURRENCY ANNUAL ORGANIC GROWTH IN NET
SALES OF ABOVE 10 PERCENT".

Source text for Eikon:  ID:nMFNb9zPYv 
Further company coverage:  PRFO.ST 

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