SIG Full Year 2023 Earnings: EPS Misses Expectations

SIG (LON:SHI) Full Year 2023 Results

Key Financial Results

• Revenue: UK£2.76b (flat on FY 2022).
• Net loss: UK£43.4m (down by 380% from UK£15.5m profit in FY 2022).
• UK£0.038 loss per share (down from UK£0.013 profit in FY 2022).

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.

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Trade Distributors industry in the United Kingdom.

Performance of the British Trade Distributors industry.

The company's shares are down 6.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on SIG's balance sheet.

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