Public Power Full Year 2023 Earnings: EPS: €1.16 (vs €0.05 loss in FY 2022)

Public Power (ATH:PPC) Full Year 2023 Results

Key Financial Results

• Revenue: €7.69b (down 32% from FY 2022).
• Net income: €428.3m (up from €19.0m loss in FY 2022).
• Profit margin: 5.6% (up from net loss in FY 2022).
• EPS: €1.16 (up from €0.05 loss in FY 2022).

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

Public Power Earnings Insights

Looking ahead, revenue is forecast to decline by 4.8% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.

Performance of the market in Greece.

The company's shares are up 6.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Public Power (1 makes us a bit uncomfortable!) that we have uncovered.

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