Novem Group S.A. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was EUR 138.7 million compared to EUR 166.9 million a year ago. Net income was EUR 13.3 million compared to EUR 21 million a year ago. Basic earnings per share from continuing operations was EUR 0.31 compared to EUR 0.49 a year ago. Diluted earnings per share from continuing operations was EUR 0.31 compared to EUR 0.49 a year ago.
For the nine months, sales was EUR 485.8 million compared to EUR 526.2 million a year ago. Net income was EUR 31.4 million compared to EUR 35.8 million a year ago. Basic earnings per share from continuing operations was EUR 0.73 compared to EUR 0.83 a year ago. Diluted earnings per share from continuing operations was EUR 0.73 compared to EUR 0.83 a year ago.