Orascom Development Holding (VTX:ODHN) Third Quarter 2022 Results
Key Financial Results
Revenue: CHF188.9m (up 30% from 3Q 2021).
Net income: CHF1.74m (up from CHF974.4k loss in 3Q 2021).
Profit margin: 0.9% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.
EPS: CHF0.04 (up from CHF0.024 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Orascom Development Holding Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in Europe.
The company's shares are up 1.8% from a week ago.
It is worth noting though that we have found 2 warning signs for Orascom Development Holding (1 makes us a bit uncomfortable!) 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