Voltalia Reports Full Year 2023 Earnings

Voltalia (EPA:VLTSA) Full Year 2023 Results

Key Financial Results

• Revenue: €495.0m (up 5.5% from FY 2022).
• Net income: €30.0m (up from €7.17m loss in FY 2022).
• Profit margin: 6.1% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue.

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

Voltalia Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Renewable Energy industry in Europe.

Performance of the market in France.

The company's shares are up 6.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Voltalia (of which 2 are a bit unpleasant!) you should know about.

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