AB Traction reported consolidated earnings results for the fourth quarter and consolidated and parent earnings results for the full year ended December 31, 2012. For the quarter, the company reported net revenue of SEK 175.6 million compared to SEK 166.6 million a year ago. Total operating revenue was SEK 175.8 million compared to SEK 167.1 million a year ago. Operating profit was SEK 37.6 million compared to SEK 63.5 million a year ago. Profit after finance items was SEK 43 million compared to SEK 68.1 million a year ago. Net profit attributable to parent company's shareholders was SEK 31.7 million or SEK 2.01 per diluted share compared to SEK 90.2 million or SEK 5.72 per diluted share a year ago. Cash flow from operating activities was SEK 29 million compared to SEK 23.8 million a year ago. Purchase of tangible non-current assets was SEK 3.4 million compared to SEK 0.6 million a year ago. For the year, on consolidated basis, the company reported net revenue of SEK 611.6 million compared to SEK 591.3 million a year ago. Total operating revenue was SEK 656.3 million compared to SEK 625.5 million a year ago. Operating profit was SEK 198.5 million compared to operating loss of SEK 69.3 million a year ago. Profit after finance items was SEK 219.2 million compared to loss of SEK 47.6 million a year ago. Net profit attributable to parent company's shareholders was SEK 200.8 million or SEK 12.93 per diluted share compared to net loss attributable to parent company's shareholders was of SEK 40.5 million or SEK 2.66 per diluted share a year ago. Cash flow from operating activities was SEK 111.3 million compared to SEK 123 million a year ago. Purchase of tangible non-current assets was SEK 13.3 million compared to SEK 10.3 million a year ago. Return on equity was 10% compared to negative of 2%. For the year, on parent basis, the company reported total operating revenue of SEK 31.9 million compared to SEK 21.2 million a year ago. Operating profit was SEK 130.6 million compared to operating loss of SEK 101.6 million a year ago. Profit before taxes was SEK 139.7 million compared to loss before taxes of SEK 44.3 million a year ago. Net profit was SEK 139.7 million compared to net loss of SEK 44.3 million a year ago. The Board of Directors proposed a dividend of SEK 3.10 per share, equivalent to SEK 47.6 million compared to SEK 2.35 per share paid a year ago. The proposed dividend is in line with the company's dividend policy, which states that the dividend should be adjusted to eliminate any tax expense to the parent company.

AB Traction, Annual General Meeting, May 07, 2013., at 17:00 Central European Standard Time. Location: Hotell Kung Carl.

AB Traction announced that they will report fiscal year 2012 results on Feb 20, 2013