Stock Analysis
Novita Full Year 2023 Earnings: EPS: zł9.31 (vs zł8.55 in FY 2022)
Novita (WSE:NVT) Full Year 2023 Results
Key Financial Results
- Revenue: zł184.9m (down 26% from FY 2022).
- Net income: zł23.3m (up 9.0% from FY 2022).
- Profit margin: 13% (up from 8.6% in FY 2022). The increase in margin was driven by lower expenses.
- EPS: zł9.31 (up from zł8.55 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Novita's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Novita (1 is a bit unpleasant!) that you need to be mindful of.
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About WSE:NVT
Novita
Novita S.A. engages in the production and distribution of household, medical and sanitary, clothing, footwear, and technical nonwovens worldwide.
Flawless balance sheet with proven track record.
