Valeo (EPA:FR) Full Year 2023 Results
Key Financial Results
- Revenue: €22.0b (up 10.0% from FY 2022).
- Net income: €221.0m (down 3.9% from FY 2022).
- Profit margin: 1.0% (in line with FY 2022).
- EPS: €0.91 (down from €0.95 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Valeo EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%.
Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in France.
Performance of the French Auto Components industry.
The company's shares are down 3.1% from a week ago.
Risk Analysis
Be aware that Valeo is showing 2 warning signs in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ENXTPA:FR
Valeo
Designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia.
Good value slight.
