Brief: Schouw & Co Q4 EBIT up at 315 million Danish crowns

Schouw & Co.

10/03/2017 06:00

March 10 (Reuters) - Schouw & Co A/S  SCHO.CO  
    * 2016 revenue rose to 14.4 billion Danish crowns ($2.05 
billion) (2015: 12.6) with company acquisitions making positive 
contributions 
    * 2016 EBIT was up 25 percent to 1,038 million Danish crowns 
(2015: 831) 
    * Q4 EBIT 315 million Danish crowns versus 259 million 
Danish crowns year ago 
    * Q4 revenue 3.9 billion Danish crowns versus 3.08 billion 
Danish crowns year ago 
    * For 2017, expects revenue of about 15.6 billion Danish 
crowns  and EBIT in range of 940-1,060 million Danish crowns  
    * 2017 consolidated EBIT is expected to be in upper end of 
revenue range 
    * Proposal to increase dividend for 2016 financial year by 
20 percent to 12 Danish crowns per share 
 
Source text for Eikon:  ID:nCSE6NYv  
Further company coverage:  SCHO.CO  
 
($1 = 7.0187 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))