Burkhalter Holding Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line

Burkhalter Holding (VTX:BRKN) Full Year 2023 Results

Key Financial Results

• Revenue: CHF1.17b (up 54% from FY 2022).
• Net income: CHF51.9m (up 35% from FY 2022).
• Profit margin: 4.5% (down from 5.1% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: CHF4.95 (up from CHF4.73 in FY 2022).

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

Burkhalter Holding Revenues Beat Expectations

Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 4.1% growth forecast for the Construction industry in Europe.

Performance of the market in Switzerland.

The company's shares are up 2.5% from a week ago.

Risk Analysis

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

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