Handelsbanken Q4 profit lags forecast, dividend in line

February 9, 2016 6:10 AM

13 0

STOCKHOLM Feb 9 Sweden's Handelsbanken reported fourth-quarter operating profit below expectations on Tuesday but proposed to pay an annual dividend in line with forecasts.

Operating profit in the quarter rose to 5.53 billion Swedish crowns ($656 million) from a year-ago 4.31 billion, lagging a mean forecast for 5.72 billion seen in a Reuters poll of analysts.

Also read: GM to Take $7 Billion Write-Down as a Result of U.S. Tax Overhaul

Read more

To category page