BULTEN'S Q4 REPORT 2022
Record sales and rapid changes Fourth quarter · Net sales amounted to SEK 1,339 (953) million, an increase of 40.5% on the same period the previous year. · Operating earnings (EBIT) totaled SEK 103 (48) million, equating to an operating margin of 7.6% (5.0). · Adjusted operating earnings totaled SEK 114 (48) million, equating to an adjusted operating margin of 8.5% (5.0). In December, Bulten decided to close its manufacturing plant in Pembroke, UK, in order to streamline the operation. Costs for the ongoing restructuring have burdened the 2022 figures by approximately SEK 10