Stock Analysis
EVN (VIE:EVN) Full Year 2023 Results
Key Financial Results
- Revenue: €3.90b (down 4.8% from FY 2022).
- Net income: €529.7m (up 153% from FY 2022).
- Profit margin: 14% (up from 5.1% in FY 2022). The increase in margin was driven by lower expenses.
- EPS: €2.97 (up from €1.18 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EVN Revenues Disappoint
Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.9% decline forecast for the Electric Utilities industry in Europe.
Performance of the market in Austria.
The company's shares are up 2.9% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for EVN that you should be aware of before investing here.
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About WBAG:EVN
EVN
Provides energy and environmental services for private and business customers, and municipalities.
Solid track record with excellent balance sheet and pays a dividend.