Instalco AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
October 25, 2024 at 01:30 am EDT
Instalco AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was SEK 3,144 million compared to SEK 3,310 million a year ago. Revenue was SEK 3,164 million compared to SEK 3,340 million a year ago. Net income was SEK 88 million compared to SEK 142 million a year ago. Basic earnings per share from continuing operations was SEK 0.32 compared to SEK 0.52 a year ago. Diluted earnings per share from continuing operations was SEK 0.32 compared to SEK 0.52 a year ago.
For the nine months, sales was SEK 10,082 million compared to SEK 10,406 million a year ago. Revenue was SEK 10,180 million compared to SEK 10,498 million a year ago. Net income was SEK 329 million compared to SEK 439 million a year ago. Basic earnings per share from continuing operations was SEK 1.17 compared to SEK 1.58 a year ago. Diluted earnings per share from continuing operations was SEK 1.17 compared to SEK 1.56 a year ago.