Norske Skog ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NOK 2,643 million compared to NOK 3,541 million a year ago. Revenue was NOK 3,036 million compared to NOK 3,630 million a year ago. Net income was NOK 134 million compared to net loss of NOK 11 million a year ago. Basic earnings per share from continuing operations was NOK 1.45 compared to basic loss per share from continuing operations of NOK 0.12 a year ago. Diluted earnings per share from continuing operations was NOK 1.45 compared to diluted loss per share from continuing operations of NOK 0.12 a year ago.
For the nine months, sales was NOK 8,932 million compared to NOK 10,688 million a year ago. Revenue was NOK 9,760 million compared to NOK 11,157 million a year ago. Net loss was NOK 1 million compared to net income of NOK 1,507 million a year ago. Basic loss per share from continuing operations was NOK 0.01 compared to basic earnings per share from continuing operations of NOK 15.98 a year ago. Diluted loss per share from continuing operations was NOK 0.01 compared to diluted earnings per share from continuing operations of NOK 15.98 a year ago.