Stock Analysis

Grupo Bafar. de Full Year 2023 Earnings: EPS: Mex$10.27 (vs Mex$5.26 in FY 2022)

BMV:BAFAR B
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Grupo Bafar. de (BMV:BAFARB) Full Year 2023 Results

Key Financial Results

  • Revenue: Mex$25.6b (up 3.1% from FY 2022).
  • Net income: Mex$3.18b (up 96% from FY 2022).
  • Profit margin: 12% (up from 6.5% in FY 2022). The increase in margin was primarily driven by lower expenses.
  • EPS: Mex$10.27 (up from Mex$5.26 in FY 2022).
earnings-and-revenue-history
BMV:BAFAR B Earnings and Revenue History February 18th 2024

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

Grupo Bafar. de Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Food industry in South America.

Performance of the market in Mexico.

The company's shares are down 3.0% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Grupo Bafar. de you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.