Beijer Alma AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 01:30 am EDT
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Beijer Alma AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 1,482.6 million compared to SEK 1,132.8 million a year ago. Net income was SEK 163 million compared to SEK 128.8 million a year ago. Basic earnings per share from continuing operations was SEK 2.35 compared to SEK 1.87 a year ago. Basic earnings per share was SEK 2.71 compared to SEK 2.14 a year ago.
For the nine months, sales was SEK 4,403.5 million compared to SEK 3,347.1 million a year ago. Net income was SEK 519.9 million compared to SEK 441.2 million a year ago. Basic earnings per share from continuing operations was SEK 7.28 compared to SEK 6.75 a year ago. Basic earnings per share was SEK 8.63 compared to SEK 7.32 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 
