Groupe Bruxelles Lambert Full Year 2023 Earnings: EPS: €2.62 (vs €4.51 loss in FY 2022)

Groupe Bruxelles Lambert (EBR:GBLB) Full Year 2023 Results

Key Financial Results

• Revenue: €6.64b (down 16% from FY 2022).
• Net income: €367.6m (up from €662.0m loss in FY 2022).
• Profit margin: 5.5% (up from net loss in FY 2022).
• EPS: €2.62 (up from €4.51 loss in FY 2022).

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

Groupe Bruxelles Lambert Earnings Insights

Looking ahead, revenue is expected to fall by 14% p.a. on average during the next 2 years compared to a 8.9% decline forecast for the Diversified Financial industry in Europe.

Performance of the market in Belgium.

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

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Groupe Bruxelles Lambert (1 can't be ignored!) that you should be aware of.

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