Stock Analysis
- Portugal
- /
- Oil and Gas
- /
- ENXTLS:GALP
Galp Energia SGPS Full Year 2023 Earnings: EPS: €1.56 (vs €1.81 in FY 2022)
Galp Energia SGPS (ELI:GALP) Full Year 2023 Results
Key Financial Results
- Revenue: €20.8b (down 23% from FY 2022).
- Net income: €1.24b (down 16% from FY 2022).
- Profit margin: 6.0% (up from 5.5% in FY 2022). The increase in margin was driven by lower expenses.
- EPS: €1.56 (down from €1.81 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Galp Energia SGPS Earnings Insights
Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Oil and Gas industry in Europe.
Performance of the market in Portugal.
The company's shares are up 2.0% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Galp Energia SGPS (1 is a bit unpleasant!) that we have uncovered.
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About ENXTLS:GALP
Galp Energia SGPS
Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally.
Proven track record with adequate balance sheet and pays a dividend.