SFS Group Full Year 2023 Earnings: Misses Expectations

SFS Group (VTX:SFSN) Full Year 2023 Results

Key Financial Results

• Revenue: CHF3.11b (up 12% from FY 2022).
• Net income: CHF266.0m (flat on FY 2022).
• Profit margin: 8.6% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: CHF6.84 (down from CHF6.95 in FY 2022).

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

SFS Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 2.7%.

Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Machinery industry in Switzerland.

Performance of the Swiss Machinery industry.

The company's shares are up 1.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of SFS Group's balance sheet and an in-depth analysis of the company's financial position.

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