Eurocon Consulting AB Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 2012 and Parent Earnings Results for the Year Ended December 31, 2012; Proposes Dividend for the Financial Year 2012
For the quarter on consolidated basis, the company reported net turnover SEK 43.2 million against SEK 46.2 million a year ago. Operating profit was SEK 4.8 million against SEK 3.8 million a year ago. Profit after financial items was SEK 3.9 million against SEK 4.4 million a year ago. Profit after tax was SEK 2.2 million against SEK 3.1 million a year ago. Cash flow from operating activities was SEK 12.3 million against SEK 10.0 million a year ago.
For the year, on parent company basis, the company reported net turnover of SEK 11,640,000 against SEK 10,412,000 a year ago. Operating income was SEK 11,640,000 against SEK 10,412,000 a year ago. Operating profit after depreciations was SEK 49,000 against SEK 40,000 a year ago. Profit after financial items was SEK 2,091,000 against SEK 10,086,000 a year ago. Profit for the year was SEK 2,006,000 against SEK 10,015,000 a year ago. Cash flow from operating activities was SEK 10,434,000 against SEK 11,516,000 a year ago. Investments in tangible fixed asset were SEK 196,000 against SEK 25,000 a year ago.
The board proposes to the annual meeting a dividend of SEK 0.25 per share against SEK 0.30 per share a year ago or in total SEK 10.1 million against SEK 11.4 million a year ago. This corresponds to 94% of the profit after tax 2012. In the dividend proposal the board has considered the good financial situation of the company.