Netel Holding 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 1,025 million compared to SEK 984 million a year ago. Revenue was SEK 1,050 million compared to SEK 998 million a year ago. Net income was SEK 36 million compared to SEK 48 million a year ago. Basic earnings per share from continuing operations was SEK 0.75 compared to SEK 1 a year ago.
For the full year, sales was SEK 3,459 million compared to SEK 3,141 million a year ago. Revenue was SEK 3,491 million compared to SEK 3,166 million a year ago. Net income was SEK 44 million compared to SEK 123 million a year ago. Basic earnings per share from continuing operations was SEK 0.91 compared to SEK 2.59 a year ago.