Stock Analysis

Porvair Full Year 2022 Earnings: EPS Beats Expectations

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Porvair (LON:PRV) Full Year 2022 Results

Key Financial Results

  • Revenue: UK£172.6m (up 18% from FY 2021).
  • Net income: UK£14.7m (up 23% from FY 2021).
  • Profit margin: 8.5% (up from 8.2% in FY 2021). The increase in margin was driven by higher revenue.
  • EPS: UK£0.32 (up from UK£0.26 in FY 2021).
LSE:PRV Earnings and Revenue History January 31st 2023

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

Porvair EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Machinery industry in the United Kingdom.

Performance of the British Machinery industry.

The company's shares are down 3.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Porvair's balance sheet.

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