Changed decision on proposed dividend
The Board of Director’s assessment of the dividend level for 2019 remains unchanged. However, as a precaution and in order to better assess the consequences of the corona pandemic, the Board has decided to withdraw its proposal to the Annual General Meeting with regard to the dividend payout. The Board intends to call for an extraordinary General Meeting later in the year for a resolution on dividend payout. SCA’s financial position is strong, both in terms of equity as well as liquidity. The Board of Director’s assessment is that the former proposal on dividend payout would not