PION Group AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 531.7 million compared to SEK 503.7 million a year ago. Net loss was SEK 11.3 million compared to net income of SEK 20.6 million a year ago.

Basic loss per share from continuing operations was SEK 0.24 compared to basic earnings per share from continuing operations of SEK 0.42 a year ago. Basic loss per share was SEK 0.24 compared to basic earnings per share of SEK 0.44 a year ago.