MVV Energie Full Year 2023 Earnings: EPS: €15.86 (vs €4.43 loss in FY 2022)

MVV Energie (ETR:MVV1) Full Year 2023 Results

Key Financial Results

• Revenue: €6.70b (up 12% from FY 2022).
• Net income: €1.05b (up from €292.1m loss in FY 2022).
• Profit margin: 16% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue.
• EPS: €15.86 (up from €4.43 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the Customer Solutions segment contributing a total revenue of €6.95b (104% of total revenue). Notably, cost of sales worth €5.48b amounted to 82% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €541.3m (207% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of €81.4m. Explore how MVV1's revenue and expenses shape its earnings.

MVV Energie shares are up 6.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for MVV Energie you should be aware of, and 1 of them is potentially serious.

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