Bavarian Nordic Full Year 2023 Earnings: EPS: kr.19.23 (vs kr.4.93 loss in FY 2022)

Bavarian Nordic (CPH:BAVA) Full Year 2023 Results

Key Financial Results

• Revenue: kr.7.06b (up 124% from FY 2022).
• Net income: kr.1.48b (up from kr.347.4m loss in FY 2022).
• Profit margin: 21% (up from net loss in FY 2022).
• EPS: kr.19.23 (up from kr.4.93 loss in FY 2022).

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

Bavarian Nordic Earnings Insights

Looking ahead, revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Biotechs industry in Europe are expected to grow by 19%.

Performance of the market in Denmark.

The company's shares are up 7.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Bavarian Nordic (1 is potentially serious!) that you need to take into consideration.

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