SIG Full Year 2022 Earnings: EPS Misses Expectations

SIG (LON:SHI) Full Year 2022 Results

Key Financial Results

• Revenue: UK£2.74b (up 20% from FY 2021).
• Net income: UK£15.5m (up from UK£28.3m loss in FY 2021).
• Profit margin: 0.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue.
• EPS: UK£0.013 (up from UK£0.024 loss in FY 2021).

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

SIG EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 54%.

Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom.

Performance of the British Trade Distributors industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for SIG you should know about.

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