Garo Aktiebolag (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 386 million compared to SEK 350.2 million a year ago. Revenue was SEK 386.4 million compared to SEK 350.5 million a year ago. Net income was SEK 20 million compared to SEK 33.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.4 compared to SEK 0.67 a year ago.
For the six months, sales was SEK 756.3 million compared to SEK 731.8 million a year ago. Revenue was SEK 757.3 million compared to SEK 732.7 million a year ago. Net income was SEK 40.6 million compared to SEK 87.1 million a year ago. Basic earnings per share from continuing operations was SEK 0.81 compared to SEK 1.74 a year ago.