Stock Analysis

Hensoldt Full Year 2023 Earnings: EPS: €0.51 (vs €0.74 in FY 2022)

Simply Wall St

March 25, 2024

Hensoldt (ETR:5UH) Full Year 2023 Results

Key Financial Results

Revenue: €1.85b (up 8.2% from FY 2022).
Net income: €54.0m (down 31% from FY 2022).
Profit margin: 2.9% (down from 4.6% in FY 2022). The decrease in margin was driven by higher expenses.
EPS: €0.51 (down from €0.74 in FY 2022).

revenue-and-expenses-breakdown — XTRA:5UH Revenue and Expenses Breakdown March 25th 2024

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

Hensoldt Earnings Insights

The primary driver behind last 12 months revenue was the Sensors segment contributing a total revenue of €1.55b (84% of total revenue). Notably, cost of sales worth €1.43b amounted to 77% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €118.0m (33% of total expenses). Explore how 5UH's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany.

Performance of the German Aerospace & Defense industry.

The company's shares are up 5.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Hensoldt that you need to be mindful of.

Valuation is complex, but we're helping make it simple.

Find out whether Hensoldt is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.