ITAB Shop Concept 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 1,601 million compared to SEK 1,702 million a year ago. Net income was SEK 111 million compared to SEK 66 million a year ago. Basic earnings per share from continuing operations was SEK 0.53 compared to SEK 0.29 a year ago. Basic earnings per share was SEK 0.51 compared to SEK 0.3 a year ago. Diluted earnings per share was SEK 0.5 compared to SEK 0.3 a year ago.
For the full year, sales was SEK 6,139 million compared to SEK 6,868 million a year ago. Net income was SEK 270 million compared to SEK 170 million a year ago. Basic earnings per share from continuing operations was SEK 1.29 compared to SEK 1.02 a year ago. Basic earnings per share was SEK 1.24 compared to SEK 0.78 a year ago. Diluted earnings per share was SEK 1.23 compared to SEK 0.78 a year ago.