BTS Group AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:30 pm IST
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BTS Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 617.07 million compared to SEK 478.15 million a year ago. Net income was SEK 34.48 million compared to SEK 85.46 million a year ago. Basic earnings per share from continuing operations was SEK 1.78 compared to SEK 4.42 a year ago. Diluted earnings per share from continuing operations was SEK 1.78 compared to SEK 4.42 a year ago.
For the nine months, sales was SEK 1,804.69 million compared to SEK 1,346.06 million a year ago. Net income was SEK 130.84 million compared to SEK 156.16 million a year ago. Basic earnings per share from continuing operations was SEK 6.75 compared to SEK 8.08 a year ago. Diluted earnings per share from continuing operations was SEK 6.75 compared to SEK 8.08 a year ago.
BTS Group AB (BTS) is a Sweden-based learning and development consultancy company. BTS uses customized simulation models to support executive management in making change and improving profitability. The Companyâs solutions and services train the corporate organization to analyze and make decisions centered on the factors that promote growth and profitability. It has three practice areas: Strategic Alignment & Business Acumen, Leadership, and Sales Force Transformation. BTS customers include such companies as Accenture, Deloitte, Humana, Schlumberger, Unilever, AT&T, Coca-Cola, Sony, Microsoft, Vodafone, BBVA, Ericsson, Telefonica, National Australia Bank, Telstra, Xerox, BG, GAP, Texas Instruments, HP, Toyota, and others. The Company has subsidiaries in Sweden, Finland, the United States, Australia, South Africa, Mexico, Italy, Spain, Belgium, Switzerland, Singapore and Thailand, among others. It operates through Wizerize A/S, Cesim Italia Srl and Design Innovation Srl, among others.