PIERER Mobility First Half 2023 Earnings: EPS: €1.63 (vs €2.00 in 1H 2022)

PIERER Mobility (VIE:PKTM) First Half 2023 Results

Key Financial Results

• Revenue: €1.39b (up 20% from 1H 2022).
• Net income: €55.0m (down 19% from 1H 2022).
• Profit margin: 4.0% (down from 5.9% in 1H 2022). The decrease in margin was driven by higher expenses.
• EPS: €1.63 (down from €2.00 in 1H 2022).

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

PIERER Mobility Earnings Insights

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 4 years, compared to a 2.7% growth forecast for the Auto industry in Europe.

Performance of the market in Austria.

The company's shares are up 1.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for PIERER Mobility (2 are significant!) that you need to be mindful of.

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