Rainbow Tours Reports Full Year 2023 Earnings

Rainbow Tours (WSE:RBW) Full Year 2023 Results

Key Financial Results

• Revenue: zł3.29b (up 38% from FY 2022).
• Net income: zł172.8m (up by zł151.3m from FY 2022).
• Profit margin: 5.2% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue.

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

Rainbow Tours Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Hospitality industry in Europe.

Performance of the market in Poland.

The company's shares are down 1.3% from a week ago.

Risk Analysis

Be aware that Rainbow Tours is showing 1 warning sign in our investment analysis that you should know about...

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