Elkem ASA reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was NOK 8,257 million compared to NOK 8,938 million a year ago. Revenue was NOK 8,490 million compared to NOK 9,044 million a year ago. Net income was NOK 854 million compared to NOK 36 million a year ago. Basic earnings per share from continuing operations was NOK 1.35 compared to NOK 0.06 a year ago. Diluted earnings per share from continuing operations was NOK 1.35 compared to NOK 0.06 a year ago.
For the six months, sales was NOK 16,006 million compared to NOK 18,591 million a year ago. Revenue was NOK 16,450 million compared to NOK 18,798 million a year ago. Net income was NOK 415 million compared to NOK 989 million a year ago. Basic earnings per share from continuing operations was NOK 0.65 compared to NOK 1.56 a year ago. Diluted earnings per share from continuing operations was NOK 0.65 compared to NOK 1.55 a year ago.