Tesmec Reports Full Year 2023 Earnings

Tesmec (BIT:TES) Full Year 2023 Results

Key Financial Results

• Revenue: €251.9m (up 2.7% from FY 2022).
• Net loss: €2.70m (down by 134% from €7.86m profit in FY 2022).

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

Tesmec Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Machinery industry in Italy.

Performance of the Italian Machinery industry.

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

Risk Analysis

Be aware that Tesmec is showing 1 warning sign in our investment analysis that you should know about...

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