Stock Analysis
Gesco (ETR:GSC1) Full Year 2023 Results
Key Financial Results
- Revenue: €569.6m (down 2.3% from FY 2022).
- Net income: €20.9m (down 38% from FY 2022).
- Profit margin: 3.7% (down from 5.8% in FY 2022).
- EPS: €1.93 (down from €3.12 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gesco EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany.
Performance of the German Machinery industry.
The company's shares are up 1.7% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Gesco that you need to take into consideration.
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About XTRA:GSC1
Gesco
Gesco SE operates in the process, resource, healthcare, and infrastructure technology sectors in Germany, rest of Europe, and internationally.
Flawless balance sheet and undervalued.