Nederman Holding AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 14, 2023 at 02:00 am EDT
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Nederman Holding 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 1,630.9 million compared to SEK 1,171.8 million a year ago. Net income was SEK 100.4 million compared to SEK 74.7 million a year ago. Basic earnings per share from continuing operations was SEK 2.86 compared to SEK 2.13 a year ago. Diluted earnings per share from continuing operations was SEK 2.86 compared to SEK 2.13 a year ago.
For the six months, sales was SEK 3,112.9 million compared to SEK 2,266 million a year ago. Net income was SEK 178.2 million compared to SEK 145.2 million a year ago. Basic earnings per share from continuing operations was SEK 5.08 compared to SEK 4.14 a year ago. Diluted earnings per share from continuing operations was SEK 5.08 compared to SEK 4.14 a year ago.
Nederman Holding AB is a Sweden-based company engaged in the environmental technology sector. It provides industrial vacuum cleaners, dust and fume collectors, filters, and pre-separators, among others, for three business areas: air extraction and filtrations systems, cleaning and recycling. Also, the Company offers particulate monitors and filter control solutions. Its activities are focused on four market segments: Metal Fabrication, which includes manual and robotic welding, thermal cutting, blasting and others, as well as machining; Fiber-based industries and general industries, such as primary wood, food, chemicals and textiles, among others; Process industries and energy, including foundry, smelters and crematories; as well as Automotive aftermarket, such as vehicle repair shops and emergency stations. It operates primarily in Sweden, Denmark, Germany, Canada, the United States, and China.
NEDERMAN HOLDING AB 
