Yahoo Finance Investec Group Reports Full Year 2023 Earnings
Investec Group (JSE:INL) Full Year 2023 Results
Key Financial Results
Revenue: UK£2.17b (up 15% from FY 2022).
Net income: UK£804.9m (up 69% from FY 2022).
Profit margin: 37% (up from 25% in FY 2022). The increase in margin was primarily driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Investec Group Earnings Insights
Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Capital Markets industry in Africa.
Performance of the market in South Africa.
The company's shares are up 6.6% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Investec Group that you need to take into consideration.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
