Stock Analysis

Lyko Group Full Year 2023 Earnings: EPS Beats Expectations

OM:LYKO A
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Lyko Group (STO:LYKO A) Full Year 2023 Results

Key Financial Results

  • Revenue: kr3.05b (up 23% from FY 2022).
  • Net income: kr32.0m (up 38% from FY 2022).
  • Profit margin: 1.0% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue.
  • EPS: kr2.09 (up from kr1.52 in FY 2022).
revenue-and-expenses-breakdown
OM:LYKO A Revenue and Expenses Breakdown February 18th 2024

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

Lyko Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%.

The primary driver behind last 12 months revenue was the Nordic Countries segment contributing a total revenue of kr2.79b (92% of total revenue). Notably, cost of sales worth kr1.71b amounted to 56% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to kr1.15b (87% of total expenses). Explore how LYKO A's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in Sweden.

Performance of the Swedish Specialty Retail industry.

The company's shares are down 4.4% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Lyko Group you should be aware of.

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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.