Adcock Ingram Holdings Full Year 2023 Earnings: EPS: R5.61 (vs R4.95 in FY 2022)

Adcock Ingram Holdings (JSE:AIP) Full Year 2023 Results

Key Financial Results

• Revenue: R9.13b (up 4.9% from FY 2022).
• Net income: R898.4m (up 12% from FY 2022).
• Profit margin: 9.8% (in line with FY 2022).
• EPS: R5.61 (up from R4.95 in FY 2022).

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

Adcock Ingram Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Pharmaceuticals industry in Africa.

Performance of the market in South Africa.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Adcock Ingram Holdings that you should be aware of.

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