AB Traction reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net income was SEK 211 million compared to net loss of SEK 19.3 million a year ago. Basic earnings per share was SEK 14.27 compared to Basic loss per share of SEK 1.30 a year ago.

Diluted earnings per share was SEK 14.27 compared to Diluted loss per share of SEK 1.30 a year ago.