Brief: Resurs Holding Q4 Operating Profit Up 1% At SEK 375 Million

Resurs Holding AB (publ)

05/02/2019 06:35

Feb 5 (Reuters) - Resurs Holding AB (publ)  RESURS.ST :
    * RESURS HOLDING YEAR-END REPORT JANUARY-DECEMBER 2018
    * OCT-DEC OPERATING INCOME INCREASED 9% TO SEK 883 MILLION
    * OCT-DEC OPERATING PROFIT INCREASED 1% TO SEK 375 MILLION
    * IN Q4 WAS BURDENED BY MAJOR TURMOIL IN CAPITAL MARKETS, WHICH LED TO NEGATIVE TREND IN
EQUITIES
AND BOND PORTFOLIOS
    * BOARD PROPOSES A FULL-YEAR DIVIDEND OF SEK 3.60 SEK PER SHARE, OF WHICH SEK 1.65 WAS PAID
IN
OCTOBER 2018
    * INCURRED EXPENSES OF ABOUT SEK 10 MILLION ASSOCIATED TO COMPLETING MERGER WITH YA BANK IN
Q4
    * "WE ENDED 2018 WITH CONTINUED PROFITABLE GROWTH AND A STRONG TREND IN UNDERLYING
EARNINGS."
    * "ALL IN ALL FOR 2018, WE CAN PRESENT OUR BEST EVER FULL-YEAR EARNINGS AND WE DELIVERED ON
OR
OVER ALL FINANCIAL TARGETS." - CEO

Source text for Eikon:  ID:nWkr9K710j 
Further company coverage:  RESURS.ST 

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