Ambea AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 02:00 am EDT
Share
Ambea 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 3,355 million compared to SEK 3,187 million a year ago. Revenue was SEK 3,416 million compared to SEK 3,241 million a year ago. Net income was SEK 206 million compared to SEK 193 million a year ago. Basic earnings per share from continuing operations was SEK 2.3 compared to SEK 2.04 a year ago. Diluted earnings per share from continuing operations was SEK 2.3 compared to SEK 2.04 a year ago.
For the nine months, sales was SEK 9,901 million compared to SEK 9,410 million a year ago. Revenue was SEK 10,074 million compared to SEK 9,635 million a year ago. Net income was SEK 322 million compared to SEK 344 million a year ago. Basic earnings per share from continuing operations was SEK 3.58 compared to SEK 3.64 a year ago. Diluted earnings per share from continuing operations was SEK 3.58 compared to SEK 3.64 a year ago.
Ambea AB (publ) is a Sweden-based holding company within the care provider group. The Ambea group offers accommodation, support, training and staffing within health and social care. The Group has over 450 units throughout Sweden and in Norway. The Swedish operations comprise the brands Vardaga, Lara and Bemanning. Among other brands, there are Rent a Doctor, Rent a Nurse, Rent a Socionom and Careteam, as well as BoA Mellanvard. The Norwegian operations comprise support and residential care in disabilities and psychiatry through the companies Heimta and Vitale. The Companyâs main shareholders are ACTR Holding Ab and Actor General Partner SARL Sweden SCA. It operates Malrettet Intervensjon AS, Elevhalsan, Stod och Resurs AB and Tiltaksgruppa fokus as subsidiaries.