Yahoo Finance Aalberts Full Year 2023 Earnings: EPS Beats Expectations
Aalberts (AMS:AALB) Full Year 2023 Results
Key Financial Results
Revenue: €3.32b (up 2.9% from FY 2022).
Net income: €315.8m (flat on FY 2022).
Profit margin: 9.5% (in line with FY 2022).
EPS: €2.86 (down from €2.87 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aalberts EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%.
The primary driver behind last 12 months revenue was the Building Technology segment contributing a total revenue of €1.80b (54% of total revenue). The largest operating expense was General & Administrative costs, amounting to €948.0m (54% of total expenses). Explore how AALB's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Europe.
Performance of the market in the Netherlands.
The company's shares are down 2.4% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Aalberts that you need to take into consideration.
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