Compagnie de l'Odet Reports Full Year 2023 Earnings

Compagnie de l'Odet (EPA:ODET) Full Year 2023 Results

Key Financial Results

• Revenue: €13.7b (down 34% from FY 2022).
• Net loss: €33.0m (loss narrowed by 97% from FY 2022).

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

The primary driver behind last 12 months revenue was the Communications segment contributing a total revenue of €10.5b (77% of total revenue). Notably, cost of sales worth €12.3b amounted to 90% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling €787.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how ODET's revenue and expenses shape its earnings.

Compagnie de l'Odet shares are up 3.9% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Compagnie de l'Odet.

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