Attendo AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 24, 2023 at 02:00 am EDT
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Attendo 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 4,488 million compared to SEK 3,679 million a year ago. Revenue was SEK 4,494 million compared to SEK 3,713 million a year ago. Net income was SEK 230 million compared to SEK 95 million a year ago. Basic earnings per share from continuing operations was SEK 1.43 compared to SEK 0.59 a year ago. Diluted earnings per share from continuing operations was SEK 1.43 compared to SEK 0.59 a year ago.
For the nine months, sales was SEK 12,865 million compared to SEK 10,707 million a year ago. Revenue was SEK 12,895 million compared to SEK 10,753 million a year ago. Net income was SEK 318 million compared to net loss of SEK 1 million a year ago. Basic earnings per share from continuing operations was SEK 1.98. Diluted earnings per share from continuing operations was SEK 1.97.
Attendo AB (publ) is a Sweden-based company, which is primarily active within care services industry. The Company offers a variety of services, such as care for older people, people with disabilities, individuals and family care. In nursing homes, clients live in their own apartments with access to common areas such as a dining hall, living room, garden and patios. Daily activities are planned by the client together with their contact person and the responsible nurse. Attendo Ab (publ) operates group housing for adults, homes for children with special needs and short-term housing for adults and children. The Company offers individual and family care that covers the social service needs, such as consultant-supported family home care, crisis and emergency housing, dependency care, neuropsychiatry for young people and various forms of support housing.