Netel Holding AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 890 million compared to SEK 779 million a year ago. Revenue was SEK 893 million compared to SEK 780 million a year ago. Net income was SEK 13 million compared to SEK 31 million a year ago. Basic earnings per share from continuing operations was SEK 0.27 compared to SEK 0.65 a year ago.
For the nine months, sales was SEK 2,434 million compared to SEK 2,157 million a year ago. Revenue was SEK 2,441 million compared to SEK 2,168 million a year ago. Net income was SEK 7 million compared to SEK 75 million a year ago. Basic earnings per share from continuing operations was SEK 0.15 compared to SEK 1.58 a year ago.