Farhadian Farhadian

Rugvista Group reports record sales in the fourth quarter of 2023

Rugvista Group AB has published its annual report for the 2023 financial year. In the fourth quarter of 2023, the company reported net sales of SEK 233.3 million (EUR 20.1 million), an increase of 14.3%. Operating profit totalled SEK 29.4 million, with an operating margin of 12.6%. Profit for the period totalled SEK 24.3 million.

For the full year 2023, Rugvista achieved net sales of SEK 702.2 M (EUR 60.5 M), an increase of 9.8% (-9.3%). Organic net sales growth was 2.8% and profit for the period totalled SEK 70.0 M.

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