AB Ignitis grupe reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 469.5 million compared to EUR 1,293.6 million a year ago. Revenue was EUR 471.2 million compared to EUR 1,294.7 million a year ago. Net income was EUR 56.8 million compared to EUR 70.1 million a year ago. Basic earnings per share from continuing operations was EUR 0.78 compared to EUR 0.97 a year ago. Diluted earnings per share from continuing operations was EUR 0.78 compared to EUR 0.97 a year ago.
For the nine months, sales was EUR 1,837.3 million compared to EUR 3,023.7 million a year ago. Revenue was EUR 1,841.6 million compared to EUR 3,027.8 million a year ago. Net income was EUR 212.6 million compared to EUR 184.9 million a year ago. Basic earnings per share from continuing operations was EUR 2.94 compared to EUR 2.54 a year ago. Diluted earnings per share from continuing operations was EUR 2.94 compared to EUR 2.54 a year ago.