Financial Statement 2023: Subdued demand ends record year
Fourth quarter · Order intake decreased to 478.0 MSEK (602.8). · Net sales amounted to 589.7 MSEK (588.6). · EBIT was 61.5 MSEK (62.7). · EBIT margin was 10.4 percent (10.7). · Profit after tax decreased to 34.1 MSEK (51.1). · Earnings per share decreased to 1.18 SEK (1.77). · Free cash flow increased to 109 MSEK (57). · The Westermo business entity decided to establish itself in India with a focus on growth in rail and energy. · The Beijer Electronics business entity completed strategy review; a decision on a new strategy is expected in the first quarter of