- United Kingdom
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- Food
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- AIM:MPE
M.P. Evans Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
M.P. Evans Group (LON:MPE) Full Year 2023 Results
Key Financial Results
- Revenue: US$307.4m (down 6.0% from FY 2022).
- Net income: US$52.5m (down 28% from FY 2022).
- Profit margin: 17% (down from 22% in FY 2022).
- EPS: US$0.98 (down from US$1.34 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
M.P. Evans Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 7.5%.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Food industry in the United Kingdom.
Performance of the British Food industry.
The company's shares are down 1.6% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for M.P. Evans Group that you should be aware of before investing here.
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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.
About AIM:MPE
M.P. Evans Group
Through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia.
Undervalued with excellent balance sheet and pays a dividend.