Mersen Reports Full Year 2022 Earnings
Mersen (EPA:MRN) Full Year 2022 Results
Key Financial Results
- Revenue: €1.11b (up 21% from FY 2021).
- Net income: €67.7m (up 24% from FY 2021).
- Profit margin: 6.1% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mersen Earnings Insights
Looking ahead, revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Electrical industry in France.
Performance of the French Electrical industry.
The company's shares are down 11% from a week ago.
You should always think about risks. Case in point, we've spotted 1 warning sign for Mersen you should be aware of.
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Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally.
Very undervalued with excellent balance sheet.