Nolato AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 12:45 pm
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Nolato 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 2,626 million compared to SEK 3,033 million a year ago. Net income was SEK 160 million compared to SEK 257 million a year ago. Basic earnings per share from continuing operations was SEK 0.59 compared to SEK 0.96 a year ago. Diluted earnings per share from continuing operations was SEK 0.59 compared to SEK 0.95 a year ago.
For the nine months, sales was SEK 8,410 million compared to SEK 8,464 million a year ago. Net income was SEK 551 million compared to SEK 774 million a year ago. Basic earnings per share from continuing operations was SEK 2.05 compared to SEK 2.89 a year ago. Diluted earnings per share from continuing operations was SEK 2.05 compared to SEK 2.88 a year ago.
Nolato AB is a Sweden-based company engaged in the development and manufacture of polymer product systems for customers in medical technology, pharmaceuticals, consumer electronics, telecom, automotive products, hygiene and other industrial sectors. The Companyâs operations are divided into three operating segments. The Medical Solutions segment develops and manufactures complex product systems and components for medical devices, the pharmaceutical industry and diagnostics. The Integrated Solutions segments offers a wide range of technologies and expertise in a one-stop shop for areas including injection molding, casting, die-cutting, painting, decoration, assembly, testing and packaging of electronic products. The Industrial Solutionssegment develops and manufactures components and product systems for customers in the automotive industry, hygiene, packaging, gardening/ forestry, domestic appliances, furniture and other selected industrial segments. The Company operates worldwide.
NOLATO AB 
