Sampo Posts Upbeat Q4 Profit

Sampo Oyj (OTC: SAXPY) posted a rise in its fourth-quarter net profit.

Sampo's quarterly net profit surged to EUR401 million, versus EUR279 million, in the year-ago period. However, analysts were expecting a profit of EUR330 million.

It proposed a dividend for 2012 of EUR1.35 per share, versus EUR1.20 in the prior year.

Sampo shares closed at $18.43 yesterday.

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