Stock Analysis
Polygiene Group (STO:POLYG) Full Year 2023 Results
Key Financial Results
- Revenue: kr113.5m (down 35% from FY 2022).
- Net loss: kr303.6m (down from kr21.8m profit in FY 2022).
- kr8.31 loss per share (down from kr0.60 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Polygiene Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Chemicals industry in Sweden.
Performance of the Swedish Chemicals industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Polygiene Group that you should be aware of.
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About OM:POLYG
Polygiene Group
Polygiene Group AB develops, manufactures, and sells antimicrobial solutions for textiles and other surfaces in the Asia Pacific, Europe, the Middle East, Africa, the Americas, and internationally.
Adequate balance sheet and slightly overvalued.