Cavotec SA reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was EUR 0.9 million compared to net loss of EUR 0.887 million a year ago. Basic earnings per share from continuing operations was EUR 0.017 compared to basic loss per share from continuing operations of EUR 0.005 a year ago. Basic earnings per share was EUR 0.009 compared to basic loss per share of EUR 0.009 a year ago.
For the six months, net loss was EUR 3.31 million compared to net income of EUR 0.582 million a year ago. Basic earnings per share from continuing operations was EUR 0.014 compared to EUR 0.018 a year ago. Basic loss per share was EUR 0.035 compared to basic earnings per share of EUR 0.006 a year ago.