Azrieli Group Full Year 2023 Earnings: EPS: ₪18.35 (vs ₪14.82 in FY 2022)

Azrieli Group (TLV:AZRG) Full Year 2023 Results

Key Financial Results

• Revenue: ₪4.30b (up 44% from FY 2022).
• Net income: ₪2.23b (up 24% from FY 2022).
• Profit margin: 52% (down from 60% in FY 2022).
• EPS: ₪18.35 (up from ₪14.82 in FY 2022).

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

Azrieli Group Earnings Insights

Looking ahead, revenue is expected to decline by 29% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Asia are expected to grow by 7.8%.

Performance of the market in Israel.

The company's shares are up 7.7% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Azrieli Group (including 1 which can't be ignored).

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