Volati AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 09, 2024 at 01:45 am
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Volati 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 1,808 million compared to SEK 1,930 million a year ago. Net income was SEK 38 million compared to SEK 102 million a year ago. Basic earnings per share from continuing operations was SEK 0.28 compared to SEK 1.08 a year ago. Diluted earnings per share from continuing operations was SEK 0.28 compared to SEK 1.08 a year ago.
For the full year, sales was SEK 7,796 million compared to SEK 7,751 million a year ago. Net income was SEK 356 million compared to SEK 417 million a year ago. Basic earnings per share from continuing operations was SEK 3.68 compared to SEK 4.44 a year ago. Diluted earnings per share from continuing operations was SEK 3.68 compared to SEK 4.44 a year ago.
Volati AB is a Sweden-based industrial investor. It comprises subsidiaries Besikta Bilprovning, operating vehicle inspection stations in Sweden; Corroventa, which develops systems for the restoration of water damage, building drying, dehumidifying crawl spaces and conducts radon decontamination; Ettikettoprintcom, a printing company offering self-adhesive labels and tickets, and manufacturing labeling and packaging machines; Kellfri, which constructs, assembles, buys and sells machinery, trailers, tractors and accessories for agriculture and forestry; me&i, offering clothing for kids and parents; NaturaMed Pharma, a supplier of nutritional supplements and health products; Tornum, which delivers in complete grain handling systems for agriculture and the grain processing industry; Lomond Industrier, a supplier to hardware and building product retailers in the Nordic region; and Akademibokhandeln Holding AB (publ). The Company carries out its operations in several European countries.
VOLATI AB 
