Arjo AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 30, 2024 at 01:00 am EST
Share
Arjo 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 2,879 million compared to SEK 2,686 million a year ago. Net income was SEK 181 million compared to SEK 100 million a year ago. Basic earnings per share from continuing operations was SEK 0.67 compared to SEK 0.37 a year ago.
For the full year, sales was SEK 10,980 million compared to SEK 9,979 million a year ago. Net income was SEK 480 million compared to SEK 449 million a year ago. Basic earnings per share from continuing operations was SEK 1.76 compared to SEK 1.65 a year ago.
Arjo AB (publ) is a Sweden-based supplier of products, services and solutions for people with reduced mobility and age-related health challenges. The Companyâs offering includes products and solutions within the product segments Patient handling, Hygiene, Disinfection, Therapeutic surfaces, Venous Thromboembolism (VTE) prevention and Diagnostics. Additionally, the Company is offering its customers complementing services. The products comprise ceiling lifts, standing and raising aids, slings, floor lifters, among others. Arjo AB (publ) operates in more than 60 countries, which the Company divides into three geographical areas: North America, Western Europe and Rest of the World.