Borregaard ASA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NOK 1,850 million compared to NOK 1,615 million a year ago. Net income was NOK 231 million compared to NOK 217 million a year ago.

Basic earnings per share from continuing operations was NOK 2.32 compared to NOK 2.18 a year ago. Diluted earnings per share from continuing operations was NOK 2.31 compared to NOK 2.17 a year ago.