AS Tallinna Sadam Full Year 2023 Earnings: EPS Misses Expectations

AS Tallinna Sadam (TAL:TSM1T) Full Year 2023 Results

Key Financial Results

• Revenue: €116.6m (down 4.2% from FY 2022).
• Net income: €15.9m (down 38% from FY 2022).
• Profit margin: 14% (down from 21% in FY 2022). The decrease in margin was primarily driven by higher expenses.
• EPS: €0.06 (down from €0.097 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

AS Tallinna Sadam EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe.

Performance of the market in Europe.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for AS Tallinna Sadam you should know about.

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