February 20, 2017 / 6:11 AM / 7 months ago

BRIEF-Bittium Q4 EBITDA rises to EUR 2.1 mln

Feb 20 (Reuters) - Bittium Oyj:

* Q4 net sales 19.0 million euros ($20.16 million) versus 15.2 million euros year ago

* Q4 EBITDA 2.1 million euros versus 1.6 million euros year ago

* Expects that net sales in 2017 will be at same level than in previous year

* 2017 operating result is expected to be negative

* Proposes that annual general meeting to be held on April 12, 2017 resolve to pay 0.05 euro per share as dividend

* Board of directors also proposes an additional dividend of 0.25 euros per share Source text for Eikon: Further company coverage: ($1 = 0.9424 euros) (Gdynia Newsroom)

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