Instalco 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 3,873 million compared to SEK 3,590 million a year ago. Revenue was SEK 3,897 million compared to SEK 3,620 million a year ago. Net income was SEK 176 million compared to SEK 182 million a year ago. Basic earnings per share from continuing operations was SEK 0.71 compared to SEK 0.67 a year ago. Diluted earnings per share from continuing operations was SEK 0.71 compared to SEK 0.66 a year ago.
For the full year, sales was SEK 14,279 million compared to SEK 12,063 million a year ago. Revenue was SEK 14,396 million compared to SEK 12,179 million a year ago. Net income was SEK 615 million compared to SEK 551 million a year ago. Basic earnings per share from continuing operations was SEK 2.29 compared to SEK 1.99 a year ago. Diluted earnings per share from continuing operations was SEK 2.26 compared to SEK 1.96 a year ago.