Alm. Brand Third Quarter 2023 Earnings: EPS: kr.0.10 (vs kr.0.076 in 3Q 2022)

Alm. Brand (CPH:ALMB) Third Quarter 2023 Results

Key Financial Results

• Revenue: kr.3.82b (up 18% from 3Q 2022).
• Net income: kr.148.0m (up 27% from 3Q 2022).
• Profit margin: 3.9% (up from 3.6% in 3Q 2022). The increase in margin was driven by higher revenue.
• EPS: kr.0.10 (up from kr.0.076 in 3Q 2022).

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

Alm. Brand Earnings Insights

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Insurance industry in Europe.

Performance of the market in Denmark.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

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

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