SAES Getters Full Year 2023 Earnings: €0.66 loss per share (vs €0.68 profit in FY 2022)

SAES Getters (BIT:SG) Full Year 2023 Results

Key Financial Results

• Revenue: €121.6m (down 51% from FY 2022).
• Net loss: €11.0m (down by 189% from €12.4m profit in FY 2022).
• €0.66 loss per share (down from €0.68 profit in FY 2022).

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

The primary driver behind last 12 months revenue was the SAES Industrial segment contributing a total revenue of €70.9m (58% of total revenue). Notably, cost of sales worth €72.2m amounted to 59% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €43.9m (61% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of €11.2m. Explore how SG's revenue and expenses shape its earnings.

SAES Getters' share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for SAES Getters that you should be aware of before investing here.

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