OX2 AB (publ) reports its result for the fourth quarter of 2022 today

October-December 2022
·         Net sales amounted to SEK 2,244 million (2,430)
·         Operating income amounted to SEK 624 million (317)
·         Operating margin amounted to 27.8% (13.0)
·         Profit for the period totaled SEK 627 million (236)
·         Earnings per share before and after dilution totaled SEK 2.30 (0.87)
·         Cash flow from operating activities amounted to SEK 462 million (-363)

January-December 2022
·         Net sales amounted to SEK 7,644 million (4,983)
·         Operating income amounted to SEK 1,122 million (414)
·         Operating margin amounted to 14.7% (8.3)
·         Profit for the period totalled SEK 1,085 million (334)
·         Earnings per share before and after dilution totaled SEK 3.98 (1.28)
·         Cash flow from operating activities amounted to SEK 1 226 million (-132)

CEO comments
“During the fourth quarter, we completed the sale of 49 percent of three of our Swedish offshore projects, sold two onshore wind farms and continued to add attractive projects to our development portfolio. We also started construction of our first project in energy storage, an area where we see great potential for OX2.”

Capital Markets Day
A Capital Markets Day will be held today at 09.00 (CEST). There will be a live webcast of the Capital Markets Day at https://ir.financialhearings.com/ox2-cmd-2023. All participants joining digitally will be able to ask written questions through the webcast.
 

 
 
For further information, please contact:

 
Henrik Vikström, Investor Relations Director OX2
+46 709 528 006
henrik.vikstrom@ox2.com