February 21, 2018 / 7:12 AM / 3 months ago

BRIEF-Rezidor Q4 operating profit falls

Feb 21 (Reuters) - Rezidor:

* Q4 ‍REVENUE DECREASED BY MEUR 1.5 (-0.6%) TO MEUR 241.6​

* Q4 ‍EBITDA DECREASED BY MEUR 6.3 (-27.3%) TO MEUR 16.8 AND EBITDA MARGIN DECREASED BY 2.5 PP TO 7.0%​

* SAYS ‍BOARD OF DIRECTORS PROPOSES THAT NO DIVIDEND IS TO BE PAID FOR FINANCIAL YEAR 2017, HOWEVER CURRENT DIVIDEND POLICY REMAINS

* EBIT INCREASED BY MEUR 6.1 (59.2%) TO MEUR -4.2 AND THE EBIT MARGIN IMPROVED BY 2.5 PP TO -1.7%​ Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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