Uniphar Full Year 2023 Earnings: Revenues Beat Expectations

Uniphar (ISE:UPR) Full Year 2023 Results

Key Financial Results

• Revenue: €2.55b (up 23% from FY 2022).
• Net income: €44.8m (down 1.7% from FY 2022).
• Profit margin: 1.8% (down from 2.2% in FY 2022). The decrease in margin was driven by higher expenses.

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

Uniphar Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.6%.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Healthcare industry in Europe.

Performance of the market in Ireland.

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

Valuation

It's possible that Uniphar could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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