Smiths News Full Year 2023 Earnings: EPS: UK£0.11 (vs UK£0.098 in FY 2022)

Smiths News (LON:SNWS) Full Year 2023 Results

Key Financial Results

• Revenue: UK£1.09b (flat on FY 2022).
• Net income: UK£25.1m (up 7.3% from FY 2022).
• Profit margin: 2.3% (up from 2.1% in FY 2022).
• EPS: UK£0.11 (up from UK£0.098 in FY 2022).

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

Smiths News Earnings Insights

The primary driver behind last 12 months revenue was the United Kingdom segment contributing a total revenue of UK£1.09b (100% of total revenue). Notably, cost of sales worth UK£1.02b amounted to 93% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£33.8m (71% of total expenses). Explore how SNWS's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 4.0% p.a. on average during the next 3 years, while revenues in the Retail Distributors industry in the United Kingdom are expected to grow by 6.7%.

Performance of the British Retail Distributors industry.

The company's shares are down 3.2% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Smiths News (at least 1 which is significant), and understanding these should be part of your investment process.

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