Nederman Holding AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 23, 2023 at 02:00 am EDT
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Nederman Holding AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 1,574.4 million compared to SEK 1,397.7 million a year ago. Net income was SEK 85.4 million compared to SEK 92.6 million a year ago. Basic earnings per share from continuing operations was SEK 2.43 compared to SEK 2.64 a year ago. Diluted earnings per share from continuing operations was SEK 2.43 compared to SEK 2.64 a year ago.
For the nine months, sales was SEK 4,687.3 million compared to SEK 3,663.7 million a year ago. Net income was SEK 263.6 million compared to SEK 237.8 million a year ago. Basic earnings per share from continuing operations was SEK 7.51 compared to SEK 6.78 a year ago. Diluted earnings per share from continuing operations was SEK 7.51 compared to SEK 6.78 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 
