GEK TERNA Holdings Real Estate Construction Third Quarter 2023 Earnings: EPS: €0.31 (vs €0.50 in 3Q 2022)

GEK TERNA Holdings Real Estate Construction (ATH:GEKTERNA) Third Quarter 2023 Results

Key Financial Results

• Revenue: €925.0m (down 29% from 3Q 2022).
• Net income: €29.2m (down 38% from 3Q 2022).
• Profit margin: 3.2% (down from 3.6% in 3Q 2022). The decrease in margin was driven by lower revenue.
• EPS: €0.31 (down from €0.50 in 3Q 2022).

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

GEK TERNA Holdings Real Estate Construction Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe.

Performance of the market in Greece.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for GEK TERNA Holdings Real Estate Construction you should know about.

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