Arezzo Indústria e Comércio Reports Full Year 2023 Earnings

Arezzo Indústria e Comércio (BVMF:ARZZ3) Full Year 2023 Results

Key Financial Results

• Revenue: R$4.85b (up 14% from FY 2022).
• Net income: R$399.4m (down 6.0% from FY 2022).
• Profit margin: 8.2% (down from 10.0% in FY 2022). The decrease in margin was driven by higher expenses.

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

Arezzo Indústria e Comércio Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Brazil.

Performance of the Brazilian Luxury industry.

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

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Arezzo Indústria e Comércio that you should be aware of.

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