Stille AB: Year-End Report 2022
Stille AB (publ) publishes the year-end report for 2022. ”Solid growth and strong profit deveopment.”, summarizes Niklas Carlén, Stille’s interim CEO.Revenues increased in the fourth quarter by four percent to 61.8 (59.6) and EBIT increased by 60 percent to 8.8 MSEK (5.5). Profitability was positively affected by currency effects. For the full year 2022, sales grew by 76 percent, out of which 16 percent in organic growth. Operating profit increased to 32.4 MSEK (20.1). In the fourth quarter, business unit Surgical Table sales declined by four percent following significant component