February 10, 2017 / 11:05 AM / 9 months ago

BRIEF-Solar Q4 EBITA grows to DKK 102 million

Feb 10 (Reuters) - Solar A/S:

* Q4 revenue 3.01 billion Danish crowns ($431.00 million) versus 2.82 billion crowns year ago

* Q4 EBITA 102 million crowns versus 99 million crowns year ago

* Board of directors will propose 2016 dividends distribution of 12 crowns per share at annual general meeting, equal to a payout ratio of 70 pct

* Sees 2017 revenue of about 11.4 billion crowns, equal to an organic growth of about 3 pct

* Sees 2017 operational EBITA of about 345 million crowns

* Expects 2017 EBITA of about 300 million crowns Source text for Eikon: Further company coverage: ($1 = 6.9837 Danish crowns) (Gdynia Newsroom)

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