Beijer Alma AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 15, 2024 at 06:17 am EST
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Beijer Alma AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 1,694 million compared to SEK 1,461 million a year ago. Net income was SEK 115 million compared to SEK 439 million a year ago. Basic earnings per share from continuing operations was SEK 1.91 compared to SEK 1.45 a year ago. Basic earnings per share was SEK 1.91 compared to SEK 7.29 a year ago.
For the full year, sales was SEK 6,882 million compared to SEK 5,866 million a year ago. Net income was SEK 519 million compared to SEK 959 million a year ago. Basic earnings per share from continuing operations was SEK 8.61 compared to SEK 8.73 a year ago. Basic earnings per share was SEK 8.61 compared to SEK 15.92 a year ago.
Beijer Alma AB is a Sweden-based company engaged in the production of components and industrial trading. Its business concept is to acquire, own and develop small and medium-sized companies with growth potential. Its operations are conducted by the subsidiaries focused on industrial customers. Lesjofors is an international supplier of industrial springs, wire and flat strip components. Habia Cable is a manufacturer and marketer of cables and cable systems for demanding applications, such as mobile telecommunication, defense, nuclear power and infrastructure. Beijer Tech is a company focused on industrial trading within the areas of hoses, fittings, rubber sheeting, wear protection, power transmission and surface treatment, as well as foundry, steelworks and smelters. The Company has approximately 40 subsidiaries active in Denmark, Norway, Finland, the United Kingdom, Germany, Latvia, China, Russia, Slovakia, the Netherlands, the United States, France and Poland.
BEIJER ALMA AB 
