Recticel (EBR:RECT) Full Year 2023 Results
Key Financial Results
- Revenue: €529.4m (down 5.7% from FY 2022).
- Net loss: €8.84m (down by 185% from €10.4m profit in FY 2022).
- €0.16 loss per share (down from €0.19 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Recticel EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Building industry in Europe.
Performance of the market in Belgium.
The company's shares are up 5.4% from a week ago.
Risk Analysis
Be aware that Recticel is showing 1 warning sign in our investment analysis that you should know about...
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About ENXTBR:RECT
Recticel
Recticel SA/NV manufactures and markets polyurethane foams for the engineered foams, insulation, and other applications.
Excellent balance sheet with reasonable growth potential.