Kri-Kri Milk Industry Third Quarter 2023 Earnings: EPS: €0.28 (vs €0.055 in 3Q 2022)

Simply Wall St

November 25, 2023

Kri-Kri Milk Industry (ATH:KRI) Third Quarter 2023 Results

Key Financial Results

Revenue: €63.7m (up 18% from 3Q 2022).
Net income: €9.00m (up 381% from 3Q 2022).
Profit margin: 14% (up from 3.5% in 3Q 2022). The increase in margin was driven by higher revenue.
EPS: €0.28 (up from €0.055 in 3Q 2022).

earnings-and-revenue-growth — ATSE:KRI Earnings and Revenue Growth November 25th 2023

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

Kri-Kri Milk Industry Earnings Insights

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Food industry in Europe.

Performance of the market in Greece.

The company's shares are up 5.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Kri-Kri Milk Industry you should know about.

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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.