Neodecortech Full Year 2023 Earnings: EPS: €0.20 (vs €0.60 in FY 2022)

Neodecortech (BIT:NDT) Full Year 2023 Results

Key Financial Results

• Revenue: €168.2m (down 17% from FY 2022).
• Net income: €2.85m (down 66% from FY 2022).
• Profit margin: 1.7% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: €0.20 (down from €0.60 in FY 2022).

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

Neodecortech Earnings Insights

The primary driver behind last 12 months revenue was the Decorative Printed Paper Division segment contributing a total revenue of €180.3m (107% of total revenue). Notably, cost of sales worth €102.5m amounted to 61% of total revenue thereby underscoring the impact on earnings.Explore how NDT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Forestry industry in Europe.

Performance of the market in Italy.

The company's shares are up 2.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Neodecortech that you should be aware of.

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