Arendals Fossekompani ASA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NOK 1,402 million compared to NOK 1,049 million a year ago. Revenue was NOK 1,405 million compared to NOK 1,052 million a year ago.

Net income was NOK 75 million compared to NOK 37 million a year ago. Basic earnings per share from continuing operations was NOK 1.29 compared to NOK 0.65 a year ago.