Synsam AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 21, 2024 at 01:30 am EST
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Synsam AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 1,479 million compared to SEK 1,373 million a year ago. Revenue was SEK 1,497 million compared to SEK 1,395 million a year ago. Net income was SEK 61 million compared to SEK 51 million a year ago. Basic earnings per share from continuing operations was SEK 0.41 compared to SEK 0.34 a year ago. Diluted earnings per share from continuing operations was SEK 0.41 compared to SEK 0.34 a year ago.
For the full year, the company reported sales was SEK 5,905 million compared to SEK 5,277 million a year ago. Revenue was SEK 5,985 million compared to SEK 5,349 million a year ago. Net income was SEK 311 million compared to SEK 328 million a year ago. Basic earnings per share from continuing operations was SEK 2.08 compared to SEK 2.19 a year ago.
Synsam AB (publ) is a Sweden-based lifestyle company in optical retail and eye health. The Company operates stores in Sweden, Denmark, Norway, Finland, Iceland and the Faroe Islands. The store network is complemented by a presence online presence via Synsam, Profil Optik and Ai's own websites and social media, where customers can buy products, book eye exams, manage their subscriptions, or try glasses directly in the mobile phone. The Company has a range of glasses, sunglasses, sports glasses and contact lenses that include both Synsamâs own and other well-known brands. The offering also includes glasses and contact lens subscriptions, eye examinations, both physical and online, and personal style advice when trying on glasses.
SYNSAM AB 
