Quarterly reports

Weifa Q4 and full year 2016

Weifa keeps on growing, and delivered yet another record quarter. Here in Norway the flue season has a great impact on the results. Also, 2016 was the first full year with the Asan brand. The revenue came in at 114,5 MNOK, an increase of 17% They also suggests a dividend of 1,50 nok a share.

I believe Weifa will succeed with their strategy, and bought another 300 shares at 29 nok today. They have market leading brands, which I believe represents a moat, and they are expanding in other nordic countries. This is a stock to keep for the long run.

The report and presentation http://www.weifa.no/reports-presentations-webcast/category981.html

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