Dometic Group AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 31, 2024 at 02:00 am EST
Share
Dometic Group AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 5,327 million compared to SEK 6,172 million a year ago. Net income was SEK 51 million compared to SEK 27 million a year ago. Basic earnings per share from continuing operations was SEK 0.16 compared to SEK 0.09 a year ago.
For the full year, sales was SEK 27,775 million compared to SEK 29,764 million a year ago. Net income was SEK 1,332 million compared to SEK 1,784 million a year ago. Basic earnings per share from continuing operations was SEK 4.17 compared to SEK 5.58 a year ago.
Dometic Group AB publ is a Sweden-based company that manufactures and supplies mobile leisure products for recreational vehicles, such as motorhomes and caravans, and marine, commercial and passenger vehicles. Its products include awnings, air conditioners, refrigerators, ovens, stoves, windows, lights, doors, sanitation systems, generators, sinks, cooktops, portable fridges and freezers, holding tanks, ovens, sinks, cool boxes, dishwashers, grills, inverters, safes, vacuum cleaners, generators, battery charging systems, wine coolers, and minibars, among others. Its products are sold through multiple distribution channels in around 100 countries under the brands: Dometic, WAECO, Marine Air, Cruisair, Condaria, SeaLand and Mobicool. The Company operates production facilities in Asia, Europe and the United States