ITAB Shop Concept 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 1,529 million compared to SEK 1,750 million a year ago. Net income was SEK 70 million compared to SEK 35 million a year ago. Basic earnings per share from continuing operations was SEK 0.34 compared to SEK 0.42 a year ago. Basic earnings per share was SEK 0.32 compared to SEK 0.16 a year ago. Diluted earnings per share was SEK 0.32 compared to SEK 0.16 a year ago.
For the nine months, sales was SEK 4,538 million compared to SEK 5,166 million a year ago. Net income was SEK 159 million compared to SEK 104 million a year ago. Basic earnings per share from continuing operations was SEK 0.76 compared to SEK 0.74 a year ago. Basic earnings per share was SEK 0.73 compared to SEK 0.48 a year ago. Diluted earnings per share was SEK 0.73 compared to SEK 0.48 a year ago.