Vitesco Technologies Group Aktiengesellschaft reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 2,300.1 million compared to EUR 1,913.8 million a year ago. Net loss was EUR 13.8 million compared to EUR 91.5 million a year ago. Basic loss per share from continuing operations was EUR 0.34 compared to EUR 2.29 a year ago. Diluted loss per share from continuing operations was EUR 0.34 compared to EUR 2.29 a year ago.
For the nine months, sales was EUR 6,723.7 million compared to EUR 6,310.7 million a year ago. Net income was EUR 11.6 million compared to net loss of EUR 123 million a year ago. Basic earnings per share from continuing operations was EUR 0.29 compared to basic loss per share from continuing operations of EUR 3.07 a year ago. Diluted earnings per share from continuing operations was EUR 0.29 compared to diluted loss per share from continuing operations of EUR 3.07 a year ago.