Kitron ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was EUR 199.1 million compared to EUR 174.6 million a year ago. Net income was EUR 12.3 million compared to EUR 9.8 million a year ago. Basic earnings per share from continuing operations was EUR 0.06 compared to EUR 0.05 a year ago. Diluted earnings per share from continuing operations was EUR 0.06 compared to EUR 0.05 a year ago.
For the full year, sales was EUR 775.2 million compared to EUR 641 million a year ago. Net income was EUR 51.1 million compared to EUR 28.3 million a year ago. Basic earnings per share from continuing operations was EUR 0.26 compared to EUR 0.14 a year ago. Diluted earnings per share from continuing operations was EUR 0.26 compared to EUR 0.14 a year ago.