Brief: Solar Q4 EBITA grows to DKK 102 million

Solar A/S

10/02/2017 10:55

Feb 10 (Reuters) - Solar A/S  SOLARb.CO : 
    * Q4 revenue 3.01 billion Danish crowns ($431.00 million) 
versus 2.82 billion crowns year ago 
    * Q4 EBITA 102 million crowns versus 99 million crowns year 
ago 
    * Board of directors will propose 2016 dividends 
distribution of 12 crowns per share at annual general meeting, 
equal to a payout ratio of 70 pct 
    * Sees 2017 revenue of about 11.4 billion crowns, equal to 
an organic growth of about 3 pct 
    * Sees 2017 operational EBITA of about 345 million crowns 
    * Expects 2017 EBITA of about 300 million crowns 
 
Source text for Eikon:  ID:nGNE80Gpb1  
Further company coverage:  SOLARb.CO  
 
($1 = 6.9837 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))