The Board of Directors of NAXS AB (publ) proposed a dividend of maximum SEK 2.75 per share for the fiscal year 2017, corresponding to SEK 37,502,814.25 at December 31, 2017. The actual level of the dividend will be set as the difference between SEK 37,502,814.25 and the amount that has been distributed under the form of share repurchases during the period between January 1 and March 31, 2018. The Board of Directors will announce the level of the proposed dividend ahead of the publication of the notice of the 2018 Annual General Meeting.

The company announced earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company announced net loss of SEK 2,706,000 compared to net profit of SEK 38,939,000 a year ago. Loss per share amounted to SEK 0.20 compared to earnings per share of SEK 2.62 a year ago.

For the year, the company announced net profit of SEK 40.7 million compared to net loss of SEK 94.0 million a year ago. Earnings per share were SEK 2.91 compared to loss per share of SEK 6.32 a year ago.