Ferronordic AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 915 million compared to SEK 705 million a year ago. Net loss was SEK 89 million compared to SEK 21 million a year ago. Basic loss per share from continuing operations was SEK 6.11 compared to basic earnings per share from continuing operations of SEK 3.38 a year ago. Basic loss per share was SEK 6.11 compared to SEK 1.42 a year ago.
For the full year, sales was SEK 2,863 million compared to SEK 1,973 million a year ago. Net loss was SEK 107 million compared to net income of SEK 440 million a year ago. Basic loss per share from continuing operations was SEK 7.39 compared to basic earnings per share from continuing operations of SEK 12.58 a year ago. Basic loss per share was SEK 7.39 compared to basic earnings per share of SEK 30.28 a year ago.