Year-end report 2022
GARO LAUNCHES NEW PRODUCT PROGRAM IN DESTINATION CHARGING IN AN OTHERWISECHALLENGING QUARTER OCTOBER-DECEMBER 2022 · Net sales amounted to MSEK 341.8 (370.1). · Net sales declined 8% (+21). · EBIT amounted to MSEK 8.9 (57.7). · EBIT margin amounted to 2.6% (15.6). · Net income was MSEK 7.0 (46.4). · Earnings per share amounted to SEK 0.14 (0.93). · Non-recurring costs of MSEK 15.0 were charged to EBIT. JANUARY-DECEMBER 2022 · Net sales amounted to MSEK 1,390.5 (1,295.8). · Net sales increased 7% (25). · EBIT amounted to MSEK 152.8 (207.2). · EBIT