Mytilineos Full Year 2022 Earnings: EPS: €3.43 (vs €1.20 in FY 2021)

Mytilineos (ATH:MYTIL) Full Year 2022 Results

Key Financial Results

• Revenue: €6.31b (up 137% from FY 2021).
• Net income: €469.0m (up 188% from FY 2021).
• Profit margin: 7.4% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue.
• EPS: €3.43 (up from €1.20 in FY 2021).

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

Mytilineos Earnings Insights

Looking ahead, revenue is expected to decline by 10% p.a. on average during the next 2 years, while revenues in the Industrials industry in Europe are expected to grow by 3.8%.

Performance of the market in Greece.

The company's shares are up 7.2% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Mytilineos (1 is significant!) that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.