Boreo Oyj reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 45 million compared to EUR 39.2 million a year ago. Net income was EUR 1.2 million compared to EUR 2.3 million a year ago. Basic earnings per share from continuing operations was EUR 0.16 compared to EUR 0.14 a year ago. Diluted earnings per share from continuing operations was EUR 0.16 compared to EUR 0.14 a year ago.

For the full year, the company reported sales was EUR 160.4 million compared to EUR 122 million a year ago. Basic earnings per share from continuing operations was EUR 1.12 compared to EUR 1.40 a year ago. Diluted earnings per share from continuing operations was EUR 1.12 compared to EUR 1.40 a year ago.