Hufvudstaden AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 48.5 million compared to SEK 50.3 million a year ago. Revenue was SEK 714.7 million compared to SEK 643.8 million a year ago.

Net loss was SEK 499.4 million compared to net income of SEK 380 million a year ago. Basic loss per share from continuing operations was SEK 2.47 compared to basic earnings per share from continuing operations of SEK 1.88 a year ago.