Duni AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 12, 2024 at 08:00 am
Share
Duni AB (publ) reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was SEK 1,875 million compared to SEK 1,936 million a year ago. Net income was SEK 81 million compared to SEK 104 million a year ago. Basic earnings per share from continuing operations was SEK 1.72 compared to SEK 2.2 a year ago.
For the six months, sales was SEK 3,611 million compared to SEK 3,813 million a year ago. Net income was SEK 159 million compared to SEK 181 million a year ago. Basic earnings per share from continuing operations was SEK 3.38 compared to SEK 3.86 a year ago.
Duni AB is a Sweden-based company that designs, produces and markets table setting products. It also provides packaging and packaging systems to the take-away market. In March 2014, the Company introduced new organizational structure, based on five business areas. The Professional business area was divided in three separate ones: the Table Top, offering napkins, table coverings and candles for traditional restaurants in Europe; the Meal Service, manufacturing products for take-away packaging, serving and catering, targeting fast food segment; and the New Markets, active in geographic markets outside Europe. In addition, it is active in the Consumer business area, focused on the grocery retail trade; and the Materials and Services, comprising all other sales, such as tissue paper and hygiene products. Duni AB operates in over 15 countries and has production units in Sweden, Germany and Poland. In June 2014, it acquired 100% of the shares in the Paper+Design Group.
DUNI AB 
