Brief: Sintercast Q4 Operating Profit Rises To SEK 7.5 Million

SinterCast AB

20/02/2019 07:07

Feb 20 (Reuters) - SinterCast AB  SINT.ST :
    * Q4 REVENUE SEK 24.6 MILLION VERSUS SEK 17.8 MILLION YEAR
AGO
    * Q4 OPERATING PROFIT SEK 7.5 MILLION VERSUS SEK 5.4 MILLION
YEAR
AGO
    * PROPOSED ORDINARY DIVIDEND OF SEK 3.50 PER SHARE (SEK 2.75
PER
SHARE)
    * PROPOSES EXTRAORDINARY DIVIDEND OF SEK 1.50 PER SHARE (SEK
0.0
PER SHARE)
    * SAYS RECORD RESULTS ACROSS BOARD; POSITIVE OUTLOOK FOR
SERIES
PRODUCTION
    * NEAR-TERM OUTLOOK FOR SERIES PRODUCTION REMAINS POSITIVE
    * INSTALLATION ACTIVITY INCREASED SIGNIFICANTLY DURING
SECOND-HALF
OF YEAR AND CURRENT OUTLOOK IS STRONG
    * POSITIVE OUTLOOK INCLUDES PLANNED LADLE TRACKER
INSTALLATIONS AT
TUPY FOUNDRY IN BRAZIL AND AT POITRAS FOUNDRY IN CANADA

Source text for Eikon:  ID:nWkrbP14kM 
Further company coverage:  SINT.ST 

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