Yahoo Finance Global Fashion Group First Half 2023 Earnings: €0.36 loss per share (vs €0.42 loss in 1H 2022)
Global Fashion Group (ETR:GFG) First Half 2023 Results
Key Financial Results
Revenue: €422.3m (down 18% from 1H 2022).
Net loss: €79.7m (loss narrowed by 15% from 1H 2022).
€0.36 loss per share (improved from €0.42 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Global Fashion Group Earnings Insights
Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany.
Performance of the German Specialty Retail industry.
The company's shares are down 14% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Global Fashion Group (1 is a bit concerning!) that you need to be mindful of.
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