Stock Analysis
- Portugal
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- Food and Staples Retail
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- ENXTLS:JMT
Jerónimo Martins SGPS Full Year 2023 Earnings: In Line With Expectations
Jerónimo Martins SGPS (ELI:JMT) Full Year 2023 Results
Key Financial Results
- Revenue: €30.6b (up 21% from FY 2022).
- Net income: €756.0m (up 28% from FY 2022).
- Profit margin: 2.5% (up from 2.3% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: €1.20 (up from €0.94 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jerónimo Martins SGPS Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe.
Performance of the market in Portugal.
The company's shares are down 9.9% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Jerónimo Martins SGPS that you should be aware of.
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Find out whether Jerónimo Martins SGPS is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About ENXTLS:JMT
Jerónimo Martins SGPS
Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia.
Reasonable growth potential with adequate balance sheet and pays a dividend.