Garo Aktiebolag (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 311.2 million compared to SEK 341.8 million a year ago. Revenue was SEK 330.5 million compared to SEK 342 million a year ago. Net income was SEK 0.1 million compared to SEK 7 million a year ago.
For the full year, sales was SEK 1,369.9 million compared to SEK 1,390.5 million a year ago. Revenue was SEK 1,391.6 million compared to SEK 1,391.9 million a year ago. Net income was SEK 31.3 million compared to SEK 120.5 million a year ago. Basic earnings per share from continuing operations was SEK 0.63 compared to SEK 2.41 a year ago.