Advertisement
UK markets open in 3 hours 9 minutes
  • NIKKEI 225

    38,761.08
    +164.61 (+0.43%)
     
  • HANG SENG

    17,839.31
    -189.21 (-1.05%)
     
  • CRUDE OIL

    80.64
    -0.09 (-0.11%)
     
  • GOLD FUTURES

    2,338.30
    +7.10 (+0.30%)
     
  • DOW

    39,150.33
    +15.53 (+0.04%)
     
  • Bitcoin GBP

    49,730.45
    -1,230.23 (-2.41%)
     
  • CMC Crypto 200

    1,296.95
    -63.38 (-4.66%)
     
  • NASDAQ Composite

    17,689.36
    -32.24 (-0.18%)
     
  • UK FTSE All Share

    4,490.92
    -17.52 (-0.39%)
     

ElringKlinger Full Year 2023 Earnings: EPS Beats Expectations

ElringKlinger (ETR:ZIL2) Full Year 2023 Results

Key Financial Results

  • Revenue: €1.85b (up 2.7% from FY 2022).

  • Net income: €39.3m (up from €89.1m loss in FY 2022).

  • Profit margin: 2.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses.

  • EPS: €0.62 (up from €1.41 loss in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

ElringKlinger EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Germany.

ADVERTISEMENT

Performance of the German Auto Components industry.

The company's shares are up 15% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for ElringKlinger that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.