Precia Full Year 2023 Earnings: In Line With Expectations

Precia (EPA:ALPM) Full Year 2023 Results

Key Financial Results

• Revenue: €170.2m (up 7.4% from FY 2022).
• Net income: €5.15m (down 8.3% from FY 2022).
• Profit margin: 3.0% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: €0.95 (down from €1.04 in FY 2022).

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

Precia Earnings Insights

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Machinery industry in France.

Performance of the French Machinery industry.

The company's shares are down 2.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Precia's balance sheet and an in-depth analysis of the company's financial position.

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