XANO Industri AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 806 million compared to SEK 883 million a year ago. Net income was SEK 23 million compared to SEK 88 million a year ago. Basic earnings per share from continuing operations was SEK 0.4 compared to SEK 1.51 a year ago. Diluted earnings per share from continuing operations was SEK 0.4 compared to SEK 1.49 a year ago.
For the full year, sales was SEK 3,509 million compared to SEK 3,151 million a year ago. Net income was SEK 249 million compared to SEK 342 million a year ago. Basic earnings per share from continuing operations was SEK 4.3 compared to SEK 5.9 a year ago. Diluted earnings per share from continuing operations was SEK 4.27 compared to SEK 5.84 a year ago.