Tire Company Debica Full Year 2023 Earnings: EPS: zł20.60 (vs zł5.26 in FY 2022)

Tire Company Debica (WSE:DBC) Full Year 2023 Results

Key Financial Results

• Revenue: zł2.99b (down 8.7% from FY 2022).
• Net income: zł284.4m (up 292% from FY 2022).
• Profit margin: 9.5% (up from 2.2% in FY 2022).
• EPS: zł20.60 (up from zł5.26 in FY 2022).

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

In the last 12 months, the only revenue segment was Rubber - Tires contributing zł2.99b. Notably, cost of sales worth zł2.65b amounted to 88% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling zł145.8m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how DBC's revenue and expenses shape its earnings.

Tire Company Debica shares are up 3.8% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Tire Company Debica that you should be aware of before investing here.

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