Surteco Group SE reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 179.12 million compared to EUR 189.22 million a year ago. Revenue was EUR 176.08 million compared to EUR 198.19 million a year ago. Net income was EUR 4.95 million compared to EUR 13.72 million a year ago. Basic earnings per share from continuing operations was EUR 0.32 compared to EUR 0.88 a year ago.
For the nine months, sales was EUR 596.86 million compared to EUR 568.92 million a year ago. Revenue was EUR 597.16 million compared to EUR 579.79 million a year ago. Net income was EUR 27.42 million compared to EUR 39.43 million a year ago. Basic earnings per share from continuing operations was EUR 1.77 compared to EUR 2.54 a year ago.