Ambea AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 01:00 am EDT
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Ambea AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 3,310 million compared to SEK 3,143 million a year ago. Revenue was SEK 3,378 million compared to SEK 3,270 million a year ago. Net income was SEK 46 million compared to SEK 86 million a year ago. Basic earnings per share from continuing operations was SEK 0.51 compared to SEK 0.91 a year ago. Diluted earnings per share from continuing operations was SEK 0.51 compared to SEK 0.91 a year ago.
For the six months, sales was SEK 6,546 million compared to SEK 6,223 million a year ago. Revenue was SEK 6,659 million compared to SEK 6,394 million a year ago. Net income was SEK 116 million compared to SEK 152 million a year ago. Basic earnings per share from continuing operations was SEK 1.29 compared to SEK 1.61 a year ago. Diluted earnings per share from continuing operations was SEK 1.29 compared to SEK 1.61 a year ago.
Ambea AB (publ) is a Sweden-based holding company within the care provider group. The Ambea group offers accommodation, support, training and staffing within health and social care. The Group has over 450 units throughout Sweden and in Norway. The Swedish operations comprise the brands Vardaga, Lara and Bemanning. Among other brands, there are Rent a Doctor, Rent a Nurse, Rent a Socionom and Careteam, as well as BoA Mellanvard. The Norwegian operations comprise support and residential care in disabilities and psychiatry through the companies Heimta and Vitale. The Companyâs main shareholders are ACTR Holding Ab and Actor General Partner SARL Sweden SCA. It operates Malrettet Intervensjon AS, Elevhalsan, Stod och Resurs AB and Tiltaksgruppa fokus as subsidiaries.