RAPALA VMC CORPORATION`S ANNUAL ACCOUNTS 2017: SOLID CASH FLOW, WHILE SALES AND PROFITABILITY DECREASED AS A RESULT OF DIFFICULT RETAIL MARKETS - STRATEGY EXECUTION PROGRESSING
(WorldNews Finland)

January-December (FY) in brief: Net sales were 253.3 MEUR, down 3% from previous year (260.6). With comparable exchange rates sales were 3% lower than last year. Operating profit was 8.9 MEUR (7.2), Comparable operating profit* was 11.4 MEUR (18.8). Cash flow from operations was 19.1 MEUR (26.7). Earnings per share was 0.05 EUR (-0.08). Dividend proposal is 0.04 EUR per share (0.10). 2018 guidance: Full year net sales with comparable FX rates expected to be above last year`s level and comparable operating profit to exceed 15 MEUR. July-December (H2) in brief: Net sales were 112.4 MEUR, down 4% from previous year (117.5). With comparable exchange rates sales were 1% lower than last year....