Svedbergs Group AB reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net income was SEK 97 million compared to SEK 299 million a year ago. Basic earnings per share from continuing operations was SEK 0.27 compared to SEK 0.85 a year ago. Net Sales were SEK 460.2 million compared to SEK 438.4 million a year ago.

For the full year, net income was SEK 1,189 million compared to SEK 1,655 million a year ago. Basic earnings per share from continuing operations was SEK 3.37 compared to SEK 4.9 a year ago. Net Sales were SEK 1,823.7 million compared to SEK 1,832.9 million a year ago.