Synsam AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 17, 2023 at 01:30 am EST
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Synsam AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 1,450 million compared to SEK 1,319 million a year ago. Revenue was SEK 1,479 million compared to SEK 1,335 million a year ago. Net income was SEK 90 million compared to SEK 80 million a year ago. Basic earnings per share from continuing operations was SEK 0.61 compared to SEK 0.53 a year ago.
For the nine months, sales was SEK 4,427 million compared to SEK 3,904 million a year ago. Revenue was SEK 4,487 million compared to SEK 3,954 million a year ago. Net income was SEK 249 million compared to SEK 277 million a year ago. Basic earnings per share from continuing operations was SEK 1.67 compared to SEK 1.84 a year ago.
Synsam AB (publ) is a Sweden-based lifestyle company in optical retail and eye health. The Company operates stores in Sweden, Denmark, Norway, Finland, Iceland and the Faroe Islands. The store network is complemented by a presence online presence via Synsam, Profil Optik and Ai's own websites and social media, where customers can buy products, book eye exams, manage their subscriptions, or try glasses directly in the mobile phone. The Company has a range of glasses, sunglasses, sports glasses and contact lenses that include both Synsamâs own and other well-known brands. The offering also includes glasses and contact lens subscriptions, eye examinations, both physical and online, and personal style advice when trying on glasses.
SYNSAM AB 
