MBB Third Quarter 2023 Earnings: EPS: €0.24 (vs €1.19 in 3Q 2022)

MBB (ETR:MBB) Third Quarter 2023 Results

Key Financial Results

• Revenue: €272.5m (up 2.9% from 3Q 2022).
• Net income: €1.37m (down 80% from 3Q 2022).
• Profit margin: 0.5% (down from 2.6% in 3Q 2022). The decrease in margin was driven by higher expenses.
• EPS: €0.24 (down from €1.19 in 3Q 2022).

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

MBB Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Industrials industry in Europe.

Performance of the market in Germany.

The company's shares are up 14% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for MBB that we have uncovered.

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