AB Fagerhult Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 18, 2020 at 06:25 am EST
AB Fagerhult announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was SEK 2,129.3 million compared to SEK 1,488.1 million a year ago. Operating income was SEK 206.8 million compared to SEK 205.6 million a year ago. Net income was SEK 124.9 million compared to SEK 154.2 million a year ago. Basic earnings per share was SEK 0.71 compared to SEK 1.35 a year ago. For the full year, sales was SEK 7,844.9 million compared to SEK 5,621 million a year ago. Operating income was SEK 794.8 million compared to SEK 705.8 million a year ago. Net income was SEK 508.4 million compared to SEK 503.1 million a year ago. Basic earnings per share was SEK 3.32 compared to SEK 4.39 a year ago.