OX2 AB (publ) reports its result for the fourth quarter of 2023 today
October-December 2023
• Net sales amounted to SEK 1,829 million (2,244)
• Operating income amounted to SEK 332 million (624)
• Operating margin amounted to 18.2% (27.8)
• Profit for the period was SEK 318 million (627)
• Earnings per share before and after dilution totalled SEK 1.19 (2.32*)
• Cash flow from operating activities amounted to SEK 1,517 million (462)
January-December 2023
• Net sales amounted to SEK 7,824 million (7,644)
• Operating income amounted to SEK 1,028 million (1,122)
• Operating margin amounted to 13.1% (14.7)
• Profit for the period was SEK 1,008 million (1,085)
• Earnings per share before and after dilution totalled SEK 3.79 (4.01*)
• Cash flow from operating activities amounted to SEK 229 million (1,226)
CEO comments
“OX2 demonstrated strong profitability during 2023, propelled by our Northern European wind power business. In the fourth quarter, we sold, among other things, a share of a Swedish offshore wind power portfolio and delivered six completed onshore wind farms to our customers in Poland and Sweden. We look forward to the coming year with confidence and expect an improved operating result for 2024.”
Webcast and telephone conference
A presentation of the company’s interim report for the fourth quarter 2023 will be held today at 10.00 (CEST). If you wish to participate via webcast please use the link below. Via the webcast, there is an opportunity to ask written questions.
OX2 Q4 Report 2023 (financialhearings.com)
If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
Call Access (financialhearings.com)
For further information, please contact:
Henrik Vikström, Investor Relations Director OX2
+46 709 528 006
henrik.vikstrom@ox2.com
Edvard Lind
OX2 Communication
Tel. +4672 727 11 17
press@ox2.com