BTS Group AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 24, 2023 at 02:00 am EST
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BTS Group AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 724.95 million compared to SEK 570.7 million a year ago. Net income was SEK 67.56 million compared to SEK 58.55 million a year ago. Basic earnings per share from continuing operations was SEK 3.49 compared to SEK 3.03 a year ago.
For the full year, sales was SEK 2,529.63 million compared to SEK 1,916.76 million a year ago. Net income was SEK 198.41 million compared to SEK 214.7 million a year ago. Basic earnings per share from continuing operations was SEK 10.24 compared to SEK 11.11 a year ago.
BTS Group AB (BTS) is a Sweden-based learning and development consultancy company. BTS uses customized simulation models to support executive management in making change and improving profitability. The Companyâs solutions and services train the corporate organization to analyze and make decisions centered on the factors that promote growth and profitability. It has three practice areas: Strategic Alignment & Business Acumen, Leadership, and Sales Force Transformation. BTS customers include such companies as Accenture, Deloitte, Humana, Schlumberger, Unilever, AT&T, Coca-Cola, Sony, Microsoft, Vodafone, BBVA, Ericsson, Telefonica, National Australia Bank, Telstra, Xerox, BG, GAP, Texas Instruments, HP, Toyota, and others. The Company has subsidiaries in Sweden, Finland, the United States, Australia, South Africa, Mexico, Italy, Spain, Belgium, Switzerland, Singapore and Thailand, among others. It operates through Wizerize A/S, Cesim Italia Srl and Design Innovation Srl, among others.