Stock Analysis

Aeroporto Guglielmo Marconi di Bologna Full Year 2022 Earnings: Beats Expectations

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Aeroporto Guglielmo Marconi di Bologna (BIT:ADB) Full Year 2022 Results

Key Financial Results

  • Revenue: €134.6m (up 133% from FY 2021).
  • Net income: €31.1m (up from €6.72m loss in FY 2021).
  • Profit margin: 23% (up from net loss in FY 2021). The move to profitability was driven by higher revenue.
  • EPS: €0.87 (up from €0.19 loss in FY 2021).
BIT:ADB Earnings and Revenue Growth March 18th 2023

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

Aeroporto Guglielmo Marconi di Bologna Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.6%.

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Infrastructure industry in Italy.

Performance of the Italian Infrastructure industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Aeroporto Guglielmo Marconi di Bologna, and understanding it should be part of your investment process.

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