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AF Gruppen

Earnings Release Mar 22, 2018

3522_10-k_2018-03-22_cc41edf0-3a16-45d1-b3a4-6127ac5902e0.html

Earnings Release

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Approved annual accounts 2017

Approved annual accounts 2017

The Board of Directors of AF Gruppen ASA (AFG) has on March 22, 2018 approved the annual accounts for 2017. Profit before tax was NOK 935 million. Tax expense was NOK 181 million and annual profit was NOK 754 million.

Due to the group's strong financial position, The Board of Directors will as previously communicated propose to the General Meeting a dividend payment of NOK 5.00 per share for the first half-year, of which NOK 3.75 per share is related to distribution of excess capital.

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