Stock Analysis
Seco/Warwick Third Quarter 2023 Earnings: EPS: zł0.62 (vs zł1.23 in 3Q 2022)
Seco/Warwick (WSE:SWG) Third Quarter 2023 Results
Key Financial Results
- Revenue: zł151.6m (down 14% from 3Q 2022).
- Net income: zł5.26m (down 50% from 3Q 2022).
- Profit margin: 3.5% (down from 5.9% in 3Q 2022). The decrease in margin was driven by lower revenue.
- EPS: zł0.62 (down from zł1.23 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Seco/Warwick Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Machinery industry in Poland are expected to remain flat.
Performance of the Polish Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Seco/Warwick that you need to take into consideration.
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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.
About WSE:SWG
Seco/Warwick
Engages in manufacture and sale of heat treatment furnaces for metals in the European Union, Russia, the United States, Asia, and internationally.