Cavotec SA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net income was EUR 2.35 million compared to net loss of EUR 8.39 million a year ago. Basic earnings per share from continuing operations was EUR 0.022 compared to basic loss per share from continuing operations of EUR 0.07 a year ago. Basic earnings per share was EUR 0.022 compared to basic loss per share of EUR 0.089 a year ago.
For the full year, net income was EUR 0.18 million compared to net loss of EUR 14.69 million a year ago. Basic earnings per share from continuing operations was EUR 0.002 compared to basic loss per share from continuing operations of EUR 0.034 a year ago. Basic earnings per share was EUR 0.002 compared to basic loss per share of EUR 0.156 a year ago.