Stock Analysis

Voltalia Reports Full Year 2023 Earnings

ENXTPA:VLTSA
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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.
earnings-and-revenue-growth
ENXTPA:VLTSA Earnings and Revenue Growth April 3rd 2024

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.