Exel Composites Oyj reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was EUR 22.07 million compared to EUR 30.98 million a year ago. Net loss was EUR 5.57 million compared to EUR 3.78 million a year ago.

Basic loss per share from continuing operations was EUR 0.47 compared to EUR 0.32 a year ago.