Ariston Holding Full Year 2023 Earnings: Revenues In Line With Expectations

Ariston Holding (BIT:ARIS) Full Year 2023 Results

Key Financial Results

• Revenue: €3.15b (up 30% from FY 2022).
• Net income: €191.2m (up 36% from FY 2022).
• Profit margin: 6.1% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue.

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

Ariston Holding Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Durables industry in Italy.

Performance of the Italian Consumer Durables industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Ariston Holding you should know about.

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