Stock Analysis
- Belgium
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- Commercial Services
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- ENXTBR:ABO
ABO-Group Environment Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
ABO-Group Environment (EBR:ABO) Full Year 2023 Results
Key Financial Results
- Revenue: €83.6m (up 20% from FY 2022).
- Net income: €2.53m (up 14% from FY 2022).
- Profit margin: 3.0% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: €0.24 (up from €0.21 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ABO-Group Environment Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 7.7%.
Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Europe.
Performance of the market in Belgium.
The company's shares are up 4.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for ABO-Group Environment that you should be aware of.
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Find out whether ABO-Group Environment is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About ENXTBR:ABO
ABO-Group Environment
An engineering company, provides geotechnics, soil remediation, energy, and water and waste management solutions in Belgium, the Netherlands, France, and internationally.