Instalco AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 22, 2023 at 01:30 am EDT
Instalco AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 3,832 million compared to SEK 3,102 million a year ago. Revenue was SEK 3,848 million compared to SEK 3,139 million a year ago. Net income was SEK 162 million compared to SEK 191 million a year ago. Basic earnings per share from continuing operations was SEK 0.58 compared to SEK 0.67 a year ago. Diluted earnings per share from continuing operations was SEK 0.57 compared to SEK 0.66 a year ago.
For the six months, sales was SEK 7,095 million compared to SEK 5,685 million a year ago. Revenue was SEK 7,159 million compared to SEK 5,755 million a year ago. Net income was SEK 297 million compared to SEK 291 million a year ago.