Cabka Full Year 2023 Earnings: €0.062 loss per share (vs €1.26 loss in FY 2022)

Cabka (AMS:CABKA) Full Year 2023 Results

Key Financial Results

• Revenue: €201.1m (down 6.0% from FY 2022).
• Net loss: €1.54m (loss narrowed by 95% from FY 2022).
• €0.062 loss per share (improved from €1.26 loss in FY 2022).

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

Cabka Earnings Insights

The primary driver behind last 12 months revenue was the RTP Europe segment contributing a total revenue of €125.2m (62% of total revenue). Notably, cost of sales worth €114.9m amounted to 57% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €43.8m (50% of total expenses). Explore how CABKA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Packaging industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 19% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Cabka has 2 warning signs we think you should be aware of.

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