Yahoo Finance NN Group Full Year 2022 Earnings: EPS: €1.41 (vs €10.01 in FY 2021)
NN Group (AMS:NN) Full Year 2022 Results
Key Financial Results
Revenue: €15.2b (down 20% from FY 2021).
Net income: €417.0m (down 87% from FY 2021).
Profit margin: 2.7% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue.
EPS: €1.41 (down from €10.01 in FY 2021).
NN Profitability Indicators
Combined ratio: 95.8% (up from 93.5% in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NN Group Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.2% growth forecast for the Insurance industry in Europe.
Performance of the market in the Netherlands.
The company's shares are down 8.8% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for NN Group (3 are concerning) you should be aware of.
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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.
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