Brief: Solar Q4 EBITA swings to profit of DKK 99 million

Solar A/S

24/02/2016 06:46

Feb 24 (Reuters) - Solar A/S  SOLARb.CO : 
    * Q4 revenue 2.82 billion Danish crowns ($416.11 million) versus 2.77 billion crowns year 
ago 
    * Q4 EBITA profit 99 million crowns versus loss 3 million crowns year ago 
    * Proposes dividend distribution in 2015 of 10.00 crowns per share 
    * Says takes a cautious approach to our outlook for 2016 
    * "We expect neither market nor organic revenue growth in 2016" 
    * Expects 2016 EBITA at 2015 levels 
    * Says MAG45 acquisition's impact on 2016 revenue is expected to be in range of 310 million 
crowns but limited on EBITA 
 
Source text for Eikon:  ID:nDjcPsPSx  
Further company coverage:  SOLARb.CO  
 
($1 = 6.7770 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))