General de Alquiler de Maquinaria Full Year 2023 Earnings: EPS: €0.10 (vs €0.081 in FY 2022)

General de Alquiler de Maquinaria (BME:GAM) Full Year 2023 Results

Key Financial Results

• Revenue: €293.6m (up 32% from FY 2022).
• Net income: €9.07m (up 18% from FY 2022).
• Profit margin: 3.1% (down from 3.4% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: €0.10 (up from €0.081 in FY 2022).

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

General de Alquiler de Maquinaria Earnings Insights

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe.

Performance of the market in Spain.

The company's shares are down 5.3% from a week ago.

Risk Analysis

Be aware that General de Alquiler de Maquinaria is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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