Mersen Reports Full Year 2023 Earnings

Mersen (EPA:MRN) Full Year 2023 Results

Key Financial Results

• Revenue: €1.21b (up 8.6% from FY 2022).
• Net income: €81.6m (up 21% from FY 2022).
• Profit margin: 6.7% (up from 6.1% in FY 2022). 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 6.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electrical industry in France.

Performance of the French Electrical industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Mersen, and understanding them should be part of your investment process.

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