In This Article:
ARYZTA (VTX:ARYN) Full Year 2023 Results
Key Financial Results
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Revenue: €2.15b (up 9.8% from FY 2022).
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Net income: €113.3m (up 140% from FY 2022).
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Profit margin: 5.3% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue.
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EPS: €0.068 (up from €0.048 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ARYZTA Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 35%.
Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Food industry in Switzerland.
Performance of the Swiss Food industry.
The company's shares are down 4.4% from a week ago.
Valuation
Our analysis of these results suggests ARYZTA may be undervalued based on 6 important criteria we look at. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
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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.