Grigeo AB reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 46.22 million compared to EUR 50.71 million a year ago. Net income was EUR 5.8 million compared to net loss of EUR 1.34 million a year ago. Basic earnings per share from continuing operations was EUR 0.044 compared to basic loss per share from continuing operations of EUR 0.01 a year ago. Diluted earnings per share from continuing operations was EUR 0.044 compared to diluted loss per share from continuing operations of EUR 0.01 a year ago.
For the nine months, sales was EUR 149.42 million compared to EUR 152.52 million a year ago. Net income was EUR 20.41 million compared to EUR 6.17 million a year ago. Basic earnings per share from continuing operations was EUR 0.155 compared to EUR 0.047 a year ago. Diluted earnings per share from continuing operations was EUR 0.153 compared to EUR 0.046 a year ago.