Brief: Verkkokauppa.com Q4 Operating Profit Falls To EUR 4.5 Million

Verkkokauppa.com Oyj

14/02/2020 06:23

Feb 14 (Reuters) - Verkkokauppa.com Oyj  VERK.HE :
    * REG-VERKKOKAUPPA.COM REVENUE GREW 3% IN Q4 AND COMPANY
STARTS
PREPARATIONS FOR NASDAQ HELSINKI OFFICIAL LIST DURING 2020
    * Q4 REVENUE 160 MILLION EUROS (10-12/2018: 156), GROWTH OF
3%
    * Q4 OPERATING PROFIT 4.5 MILLION EUROS (5.9)
    * BOARD OF DIRECTORS PROPOSES TO ANNUAL GENERAL MEETING THAT
A
DIVIDEND OF 0.214 EURO PER SHARE IN TOTAL BE DISTRIBUTED FOR
FINANCIAL YEAR 2019 IN QUARTERLY INSTALMENTS
    * OUTLOOK FOR 2020 EXPECTS REVENUE TO BE BETWEEN 510-530
MILLION
EUROS (2019: 504 MILLION EUROS)
    * OUTLOOK FOR 2020 EXPECTS COMPARABLE OPERATING PROFIT TO BE
BETWEEN 12-15 MILLION EUROS (11.3 MILLION EUROS).

Source text for Eikon:  ID:nGNE8wJgXd 
Further company coverage:  VERK.HE 

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