XANO Industri AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 757 million compared to SEK 776 million a year ago. Net income was SEK 33 million compared to SEK 44 million a year ago. Basic earnings per share from continuing operations was SEK 0.57 compared to SEK 0.76 a year ago. Diluted earnings per share from continuing operations was SEK 0.57 compared to SEK 0.76 a year ago.
For the nine months, sales was SEK 2,595 million compared to SEK 2,703 million a year ago. Net income was SEK 157 million compared to SEK 226 million a year ago. Basic earnings per share from continuing operations was SEK 2.71 compared to SEK 3.9 a year ago. Diluted earnings per share from continuing operations was SEK 2.71 compared to SEK 3.87 a year ago.