B.F Full Year 2023 Earnings: Revenues In Line With Expectations

B.F (BIT:BFG) Full Year 2023 Results

Key Financial Results

• Revenue: €1.39b (up 28% from FY 2022).
• Net income: €1.18m (down 77% from FY 2022).
• Profit margin: 0.1% (down from 0.5% 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

B.F Meets Expectations

Revenue was in line with analyst estimates.

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Food industry in Italy.

Performance of the Italian Food industry.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for B.F you should know about.

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