Metall Zug Full Year 2023 Earnings: Revenues In Line With Expectations

Metall Zug (VTX:METN) Full Year 2023 Results

Key Financial Results

• Revenue: CHF494.7m (down 23% from FY 2022).
• Net income: CHF22.2m (down 83% from FY 2022).
• Profit margin: 4.5% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue.

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

Metall Zug Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Medical Equipment industry in Switzerland.

Performance of the Swiss Medical Equipment industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

Be aware that Metall Zug is showing 2 warning signs in our investment analysis that you should know about...

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