Deceuninck Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Deceuninck (EBR:DECB) Full Year 2023 Results

Key Financial Results

• Revenue: €866.1m (down 11% from FY 2022).
• Net income: €9.48m (up 59% from FY 2022).
• Profit margin: 1.1% (up from 0.6% in FY 2022). The increase in margin was driven by lower expenses.
• EPS: €0.07 (up from €0.043 in FY 2022).

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

Deceuninck Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 60%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Building industry in Europe.

Performance of the market in Belgium.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Deceuninck you should know about.

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