Stock Analysis
SAF-Holland (ETR:SFQ) Third Quarter 2023 Results
Key Financial Results
- Revenue: €552.9m (up 37% from 3Q 2022).
- Net income: €25.1m (up 53% from 3Q 2022).
- Profit margin: 4.5% (up from 4.1% in 3Q 2022). The increase in margin was driven by higher revenue.
- EPS: €0.55 (up from €0.36 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SAF-Holland EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%.
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Auto Components industry in Germany.
Performance of the German Auto Components industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with SAF-Holland.
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About XTRA:SFQ
SAF-Holland
SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.
Established dividend payer with proven track record.