Embellence Group 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 176.9 million compared to SEK 174 million a year ago. Net income was SEK 9.9 million compared to SEK 18.4 million a year ago. Basic earnings per share from continuing operations was SEK 0.44 compared to SEK 0.86 a year ago. Diluted earnings per share from continuing operations was SEK 0.44 compared to SEK 0.85 a year ago.
For the full year, sales was SEK 720.1 million compared to SEK 646.9 million a year ago. Net income was SEK 57.4 million compared to SEK 59.3 million a year ago. Basic earnings per share from continuing operations was SEK 2.57 compared to SEK 2.77 a year ago. Diluted earnings per share from continuing operations was SEK 2.57 compared to SEK 2.72 a year ago.