Elmera Group ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 15, 2024 at 12:12 pm
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Elmera Group ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NOK 5,159.78 million compared to NOK 8,517.95 million a year ago. Net income was NOK 87.94 million compared to net loss of NOK 44.36 million a year ago. Basic earnings per share from continuing operations was NOK 0.81 compared to basic loss per share from continuing operations of NOK 0.41 a year ago. Diluted earnings per share from continuing operations was NOK 0.8.
For the full year, the company reported sales was NOK 18,920.6 million compared to NOK 25,521.51 million a year ago. Net income was NOK 192.29 million compared to NOK 73.85 million a year ago. Basic earnings per share from continuing operations was NOK 1.77 compared to NOK 0.67 a year ago. Diluted earnings per share from continuing operations was NOK 1.74 compared to NOK 0.66 a year ago.
Elmera Group ASA, formerly Fjordkraft Holding ASA, is a Norway-based holding company for Fjordkraft Group. The Group is a national electricity retailer and provider of related services to households, private and public companies, as well as municipalities. The core business includes the purchase, sale and portfolio management of electrical power. The Company operates within segments: The Consumer segment, that implies the sale of electrical power and related services to private consumers in Norway; The Business segment, that covers sale of electrical power and related services to business consumers in Norway; and The Nordic segment, that covers sale of electrical power and related services to consumers in Finland and Sweden.
ELMERA GROUP ASA 
