Valeo Full Year 2023 Earnings: EPS Misses Expectations

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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