Stock Analysis
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- ENXTPA:AKW
Akwel Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Akwel (EPA:AKW) Full Year 2023 Results
Key Financial Results
- Revenue: €1.07b (up 7.7% from FY 2022).
- Net income: €35.7m (up 222% from FY 2022).
- Profit margin: 3.3% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: €1.34 (up from €0.41 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Akwel Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 11%.
In the last 12 months, the only revenue segment was Production and Delivery of Components, Parts or Functions for The Automobile contributing €1.07b. The largest operating expense was General & Administrative costs, amounting to €467.9m (87% of total expenses). Explore how AKW's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 1.0% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Auto Components industry in France.
Performance of the French Auto Components industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Akwel that you should be aware of before investing here.
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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.
About ENXTPA:AKW
Akwel
Akwel SA manufactures automotive and heavy goods vehicle components in France and internationally.
Flawless balance sheet and good value.